Coalition for Carolina Foundation

Analysis

Coalition for Carolina Foundation is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in January 2023, 3 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, Coalition for Carolina Foundation reported income of $191k and spending of $167k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $134k to $191k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Coalition for Carolina Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NC. Charities of a similar size with the same main cause include Society for Colleglate Travel & Expense Management Sctem ($191k), Oj Anderson Scholarship Foundation ($191k) and Tucker Family TR 040699 ($191k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.