University of North Carolina at Pembroke Foundation Inc

Analysis

University of North Carolina at Pembroke Foundation Inc is a registered charity in United States, based in Pembroke, NC. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, University of North Carolina at Pembroke Foundation Inc reported income of $7.5m and spending of $7.9m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.8m to $7.5m (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2020, when income rose by 20%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of North Carolina at Pembroke Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NC. Charities of a similar size with the same main cause include Gray Stone Educational Foundation Inc ($7.5m), Westgate School ($7.5m) and The Learning Center of North Arkansas ($7.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 58% of the total. At year end it held assets of $74.6m against liabilities of $56.5m, net assets of $18.2m.