Community Organizing for Racial Equity - Core

Analysis

Community Organizing for Racial Equity - Core is a registered charity in United States, based in Pittsboro, NC. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Community Organizing for Racial Equity - Core reported income of $270k and spending of $263k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $150k to $270k (+79%), an average of +79% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Organizing for Racial Equity - Core sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within NC. Charities of a similar size with the same main cause include Lander County Kids Club ($270k), Petronille Healthy Society ($270k) and Connecticut State Independent Living Council Inc ($270k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $74k (28% of expenses). Other salaries and wages came to $118k. At year end it held assets of $85k against liabilities of $7,039, net assets of $78k. It reported 8 employees.