Outer Banks Dementia Friendly Coalition Inc

Analysis

Outer Banks Dementia Friendly Coalition Inc is a registered charity in United States, based in Kitty Hawk, NC. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 December 2023, Outer Banks Dementia Friendly Coalition Inc reported income of $76k and spending of $57k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $76k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 58% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Outer Banks Dementia Friendly Coalition Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within NC. Charities of a similar size with the same main cause include Baines Legacy ($76k), Kentucky Optometric Foundation Inc ($76k) and Hyndman Area Rescue Squad ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 2.4% of the total. At year end it held assets of $124k against liabilities of $2,677, net assets of $121k.