Country Club of North Carolina Foundation Inc

Analysis

Country Club of North Carolina Foundation Inc is a registered charity in United States, based in Pinehurst, NC. It received its IRS tax-exemption ruling in February 2021, 5 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, Country Club of North Carolina Foundation Inc reported income of $248k and spending of $94k, leaving 62% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $449k to $248k (-45%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 40%. Over the whole period it spent 40% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Country Club of North Carolina Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within NC. Charities of a similar size with the same main cause include South Carolina Citizens for Life Inc ($248k), PTA California Congress of Parents Teachers & Students Inc ($248k) and Our Neighbors Farm & Pantry ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $671k against liabilities of $0, net assets of $671k.