Unc-G Excellence Foundation

Analysis

Unc-G Excellence Foundation is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in September 1967, 59 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Unc-G Excellence Foundation reported income of $10.8m and spending of $9.0m, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $8.6m to $10.8m (+25%), an average of +7.8% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Unc-G Excellence Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Eastern Kentucky Univ Foundation Inc Giltner CRT 007 38 6206718 ($10.8m), University of Louisiana at Monroe Foundation ($10.8m) and Friendship Christian School Inc ($10.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $204.3m against liabilities of $5.7m, net assets of $198.6m.