East Carolina University Foundation Inc

Analysis

East Carolina University Foundation Inc is a registered charity in United States, based in Greenville, NC. It received its IRS tax-exemption ruling in March 1969, 57 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, East Carolina University Foundation Inc reported income of $18.6m and spending of $10.2m, leaving 45% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $20.9m to $18.6m (-11%), an average of -2.8% a year. The sharpest change came in the year to June 2021, when income rose by 115%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, East Carolina University Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NC. Charities of a similar size with the same main cause include Archival Foundation ($18.6m), Maritime Academy Charter School ($18.6m) and Urban Dove Team Charter School ($18.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 1.6% of the total. At year end it held assets of $201.6m against liabilities of $1.8m, net assets of $199.8m.