North Carolina Ultrasound Society Incorporated

Analysis

North Carolina Ultrasound Society Incorporated is a registered charity in United States, based in Monroe, NC. It received its IRS tax-exemption ruling in September 1994, 32 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 June 2024, North Carolina Ultrasound Society Incorporated reported income of $120k and spending of $113k, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $24k to $120k (+405%), an average of +50% a year. The sharpest change came in the year to June 2022, when income rose by 138%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, North Carolina Ultrasound Society Incorporated sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NC. Charities of a similar size with the same main cause include Amarillo High School Band Parents Association ($120k), Little Theatre of Gastonia Inc ($120k) and Hedgerow Theatre Inc ($120k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 79% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.