Inner Banks Legal Services Inc

Analysis

Inner Banks Legal Services Inc is a registered charity in United States, based in Washington, NC. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 September 2023, Inner Banks Legal Services Inc reported income of $359k and spending of $407k, spending 113% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income grew from $256k to $359k (+40%), an average of +40% a year. The sharpest change came in the year to September 2023, when income rose by 40%. Over the whole period it spent 125% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Inner Banks Legal Services Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include Law Enforcement Drone Association ($359k), Community Economic Advancement Initiative Inc ($359k) and Yuba Sutter Legal Center ($358k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Other salaries and wages came to $246k. At year end it held assets of $75k against liabilities of $265k, net assets of -$190k. It reported 8 employees.