Dogwood Crafters Incorporated

Analysis

Dogwood Crafters Incorporated is a registered charity in United States, based in Dillsboro, NC. It received its IRS tax-exemption ruling in July 1979, 47 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Dogwood Crafters Incorporated reported income of $253k and spending of $275k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $187k to $253k (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dogwood Crafters Incorporated sits at the 65th percentile: it is larger than about 65% 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 Reckoning Inc ($253k), Institute for Leadership in Capital Projects ($253k) and The Denver Architectural Foundation Inc ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 98% of the total. Other salaries and wages came to $12k. At year end it held assets of $287k against liabilities of $891, net assets of $286k. It reported 2 employees.