Episcopal Foundation of Western North Carolina

Analysis

Episcopal Foundation of Western North Carolina is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in June 1964, 62 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Episcopal Foundation of Western North Carolina reported income of $107k and spending of $200k, spending 187% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $55k to $107k (+94%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 27485%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Episcopal Foundation of Western North Carolina sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 36th percentile within NC. Charities of a similar size with the same main cause include Arms of Love Ministries Inc ($107k), 168 Hour Film Project ($107k) and Restoration Inc ($107k).

At year end it held assets of $3.3m against liabilities of $20k, net assets of $3.3m.