Beaufort County Committee of 100 Ltd

Analysis

Beaufort County Committee of 100 Ltd is a registered charity in United States, based in Washington, NC. It received its IRS tax-exemption ruling in June 1986, 40 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 June 2024, Beaufort County Committee of 100 Ltd reported income of $182k and spending of $104k, leaving 43% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $218k to $182k (-17%), an average of -3.6% a year. The sharpest change came in the year to June 2024, when income rose by 142%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beaufort County Committee of 100 Ltd sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NC. Charities of a similar size with the same main cause include US for Warriors Foundation ($182k), American College of Physicians ($182k) and New Mexico Center for Economic Opportunity Inc ($182k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 49% of the total. At year end it held assets of $2.4m against liabilities of $10k, net assets of $2.4m.