University of North Carolina at Chapel Hill Foundation Inc

Analysis

University of North Carolina at Chapel Hill Foundation Inc is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in January 1977, 49 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, University of North Carolina at Chapel Hill Foundation Inc reported income of $39.4m and spending of $40.9m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $23.0m to $39.4m (+71%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 73%. Over the whole period it spent 98% 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 Chapel Hill Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within NC. Charities of a similar size with the same main cause include First Philadelphia Preparatory Charter School ($39.4m), Lackawanna College ($39.4m) and Chicago School of Professional Psychology Inc ($39.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $687.4m against liabilities of $80.2m, net assets of $607.2m.