Ocracoke Alive Inc

Analysis

Ocracoke Alive Inc is a registered charity in United States, based in Ocracoke, NC. It received its IRS tax-exemption ruling in April 1978, 48 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 December 2023, Ocracoke Alive Inc reported income of $196k and spending of $184k, spending 94% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $226k to $196k (-13%), an average of -7.0% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ocracoke Alive Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NC. Charities of a similar size with the same main cause include Applegate Nursery School ($196k), Southern California Orthopedic Research & Education Center ($196k) and Brewster Historical Society Inc ($196k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Other salaries and wages came to $8,971. At year end it held assets of $188k against liabilities of $1,828, net assets of $186k. It reported 1 employees.