Carolina Loggers Foundation

Analysis

Carolina Loggers Foundation is a registered charity in United States, based in Henderson, NC. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 2023, Carolina Loggers Foundation reported income of $67k and spending of $68k, spending 101% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $154k to $67k (-56%), an average of -15% a year. The sharpest change came in the year to December 2022, when income rose by 595%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carolina Loggers Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within NC. Charities of a similar size with the same main cause include Alpha Montessori School Inc ($67k), Waco Volunteer Fire Department Inc ($67k) and Swift River Valley Historical Society Inc ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.