Garner Tar Heel League Inc

Analysis

Garner Tar Heel League Inc is a registered charity in United States, based in Garner, NC. It received its IRS tax-exemption ruling in December 1971, 55 years ago. 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 December 2023, Garner Tar Heel League Inc reported income of $359k and spending of $304k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $158k to $359k (+126%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Garner Tar Heel League Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include Baltimore Heritage Incorporated ($359k), Rape Crisis Volunteers of Cumberland County ($359k) and Berlin Rural Fire Defense Volunteer Fire Department ($359k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $46k (15% of expenses). At year end it held assets of $253k against liabilities of $4,807, net assets of $249k. It reported 1 employees.