Make a Wish Foundation of Eastern North Carolina Inc

Analysis

Make a Wish Foundation of Eastern North Carolina Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in September 1988, 38 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 August 2023, Make a Wish Foundation of Eastern North Carolina Inc reported income of $3.7m and spending of $3.8m, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.3m to $3.7m (+13%), an average of +3.0% a year. The sharpest change came in the year to August 2022, when income rose by 32%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Make a Wish Foundation of Eastern North Carolina Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($3.7m), Foothills Housing Corporation ($3.7m) and Mental Health Association of Monmouth County Inc ($3.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $393k (10% of expenses). Other salaries and wages came to $500k. At year end it held assets of $1.9m against liabilities of $352k, net assets of $1.5m. It reported 17 employees.