Easter Seals United Cerebral Palsy NC Housing Inc

Analysis

Easter Seals United Cerebral Palsy NC Housing Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in September 1985, 41 years ago. 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 September 2023, Easter Seals United Cerebral Palsy NC Housing Inc reported income of $415k and spending of $430k, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $463k to $415k (-10%), an average of -2.7% a year. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Easter Seals United Cerebral Palsy NC Housing Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Heritage Club-A Christian Molokan Association ($415k), Kansas Global Trade Services ($415k) and Disabled American Veterans California Rehabilitation Foundati ($415k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. At year end it held assets of $1.0m against liabilities of $2.0m, net assets of -$978k.

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.