Duplin County Education Foundation

Analysis

Duplin County Education Foundation is a registered charity in United States, based in Kenansville, NC. It received its IRS tax-exemption ruling in April 1985, 41 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, Duplin County Education Foundation reported income of $73k and spending of $78k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $57k to $73k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2021, when income rose by 162%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Duplin County Education Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within NC. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($73k), PTA Alabama Congress ($73k) and Larimore Community Museum and Historical Association ($73k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.