NC Counts Coalition

Analysis

NC Counts Coalition is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in March 2019, 7 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 December 2023, NC Counts Coalition reported income of $13.3m and spending of $6.0m, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $13.3m (+1133%), an average of +87% a year. The sharpest change came in the year to December 2021, when income rose by 224%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, NC Counts Coalition sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NC. Charities of a similar size with the same main cause include Trinity School of Durham and Chapel Hill Inc ($13.3m), Robinson School Inc ($13.3m) and Medtech Innovator ($13.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $134k (2.2% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $8.5m against liabilities of $0, net assets of $8.5m. It reported 20 employees.