Eastern North Carolina Food Commercialization Center
Analysis
Eastern North Carolina Food Commercialization Center is a registered charity in United States, based in Ayden, NC. It received its IRS tax-exemption ruling in October 2020, 6 years ago. 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, Eastern North Carolina Food Commercialization Center reported income of $716k and spending of $154k, leaving 79% of income unspent that year. Over the whole period it spent 24% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eastern North Carolina Food Commercialization Center sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include Schools of Banking ($716k), Progressive Change Institute ($716k) and New Jersey Festival Orchestra ($716k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $4.4m against liabilities of $3.3m, net assets of $1.1m.
Income and spending
Where the income comes from
- Contributions & grants 83%
- Other 17%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Schools of Banking | Lincoln | $716k |
| Progressive Change Institute | Washington | $716k |
| New Jersey Festival Orchestra | Westfield | $716k |
| Christlife Inc | Elkridge | $716k |