North Carolina Senior Games Inc

Analysis

North Carolina Senior Games Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in November 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Senior Games Inc reported income of $549k and spending of $594k, spending 108% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $567k to $549k (-3.3%), an average of -1.1% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, North Carolina Senior Games Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Special Reach Inc ($549k), Paso Del Norte Center of Hope ($549k) and North East Exchange Team - San Francisco ($549k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 65% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $75k (13% of expenses). Other salaries and wages came to $280k. At year end it held assets of $563k against liabilities of $25k, net assets of $538k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.