Cabarrus 4-H Foundation Inc

Analysis

Cabarrus 4-H Foundation Inc is a registered charity in United States, based in Concord, NC. It received its IRS tax-exemption ruling in February 1988, 38 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3).

In the financial year ending June 2023, Cabarrus 4-H Foundation Inc reported income of $56k and spending of $50k, spending 90% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $40k to $56k (+38%), an average of +38% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cabarrus 4-H Foundation Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within NC. Charities of a similar size with the same main cause include American Water Works Association ($56k), International Consciousness Research Labortories Inc ($56k) and Wiebe-Ralston Foundation Inc ($56k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 34% of the total. At year end it held assets of $375k against liabilities of $0, net assets of $375k.