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University of North Carolina at Greensboro Investment Fund Inc

RegisteredEIN 58-2005976Greensboro, NCEducation and training
Income$11.5m2023-06
Spending$17.8msame year
Spent / received115%4-year average
Size in its cause94th pctEducation and training
Exempt since1992Supporting organisation
Employees0latest return

Analysis

University of North Carolina at Greensboro Investment Fund Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University of North Carolina at Greensboro Investment Fund Inc reported income of $11.5m and spending of $17.8m, spending 155% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $12.3m to $11.5m (-7.0%), an average of -2.4% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of North Carolina at Greensboro Investment Fund Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within NC. Charities of a similar size with the same main cause include Southeast Community College Educational FDN ($11.5m), People for People Charter School Inc ($11.5m) and Gateway School of New York ($11.5m).

At year end it held assets of $392.9m against liabilities of $802k, net assets of $392.1m.

Income and spending

$0$5.7m$11.4m$17.1m$22.8m2020 Income: $12,325,2442020 Spending: $16,164,49520202021 Income: $14,956,5602021 Spending: $18,829,65020212022 Income: $22,759,1632022 Spending: $17,898,51720222023 Income: $11,465,4432023 Spending: $17,783,5872023
IncomeSpending

Where the income comes from

  • Other 100%

Similar-sized charities, same cause

CharityLocationIncome
Southeast Community College Educational FDNLincoln$11.5m
People for People Charter School IncPhiladelphia$11.5m
Gateway School of New YorkNew York$11.5m
University of Utah Asia CampusSalt Lake Cty$11.5m