Caldwell County United Fund

Analysis

Caldwell County United Fund is a registered charity in United States, based in Lenoir, NC. It received its IRS tax-exemption ruling in January 1950, 76 years ago. 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 June 2023, Caldwell County United Fund reported income of $395k and spending of $404k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $50k to $395k (+688%), an average of +68% a year. The sharpest change came in the year to June 2020, when income rose by 780%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Caldwell County United Fund sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include St Cecilia Club Inc ($395k), Los Angeles Bible Training School ($395k) and Greater Grand Forks Soccer Club ($395k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $71k. At year end it held assets of $473k against liabilities of $1,039, net assets of $472k. It reported 1 employees.