Carolina Catholic Athletic Association Inc
Analysis
Carolina Catholic Athletic Association Inc is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in August 2022, 4 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, Carolina Catholic Athletic Association Inc reported income of $265k and spending of $293k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $253k to $265k (+4.5%), an average of +1.1% a year. The sharpest change came in the year to December 2021, when income rose by 110%. Over the whole period it spent 96% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Carolina Catholic Athletic Association Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include Climb Haier International Inc ($265k), Transforming Leaders in Asia Ministries Inc ($265k) and Charismatic Episcopal Church of North America Inc ($265k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $57k (19% of expenses). At year end it held assets of $78k against liabilities of $4,514, net assets of $74k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.1%
- Program services 99%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Climb Haier International Inc | Katy | $265k |
| Transforming Leaders in Asia Ministries Inc | Vestavia | $265k |
| Charismatic Episcopal Church of North America Inc | Selma | $265k |
| Crossroads 4 Christ Inc | Bloomfield | $265k |