NC Child

Analysis

NC Child is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in December 1983, 43 years ago. 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 2023, NC Child reported income of $4.7m and spending of $2.1m, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $4.7m (+133%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, NC Child sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NC. Charities of a similar size with the same main cause include Churches United in Ministry ($4.7m), Serra Residential Center ($4.7m) and Omaha Economic Development Corp ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $132k (6.1% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $5.2m against liabilities of $59k, net assets of $5.2m. It reported 33 employees.