North Carolina Amateur Sports

Analysis

North Carolina Amateur Sports is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in December 1983, 43 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2022, North Carolina Amateur Sports reported income of $1.5m and spending of $1.4m, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.4m to $1.5m (+7.0%), an average of +2.3% a year. The sharpest change came in the year to December 2021, when income rose by 444%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, North Carolina Amateur Sports sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include Friendly House Association of Mansfield Ohio ($1.5m), Badger Region Volleyball Association Inc ($1.5m) and State Wide Amateur Hockey of Florida Inc ($1.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 24% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $208k (15% of expenses). Other salaries and wages came to $186k. At year end it held assets of $1.0m against liabilities of $321k, net assets of $717k. It reported 4 employees.