Friends of the Wake County Guardian Ad Litem Program

Analysis

Friends of the Wake County Guardian Ad Litem Program is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2022, Friends of the Wake County Guardian Ad Litem Program reported income of $168k and spending of $143k, spending 86% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $159k to $168k (+5.7%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Friends of the Wake County Guardian Ad Litem Program sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NC. Charities of a similar size with the same main cause include Port Clinton Lighthouse Conservancy ($168k), Greater Logan County Area Community Improvement Corporation ($168k) and Main Street Siloam Springs Inc ($168k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $6,729. At year end it held assets of $198k against liabilities of $0, net assets of $198k. It reported 1 employees.