North Carolina Basketmakers Association Inc

Analysis

North Carolina Basketmakers Association Inc is a registered charity in United States, based in Williamston, NC. It received its IRS tax-exemption ruling in March 1990, 36 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, North Carolina Basketmakers Association Inc reported income of $54k and spending of $41k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $54k to $54k (+0.8%), an average of +0.2% a year. The sharpest change came in the year to December 2022, when income rose by 824%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, North Carolina Basketmakers Association Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within NC. Charities of a similar size with the same main cause include James Burton Foundation ($54k), Milan 54 Inc ($54k) and Minnesota China Friendship Garden Society MCFGS ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 59% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.