Exit 30 Collective Inc

Analysis

Exit 30 Collective Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Exit 30 Collective Inc reported income of $221k and spending of $253k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $183k to $221k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 76% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Exit 30 Collective Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NC. Charities of a similar size with the same main cause include Charleston Symphony Orchestra League Inc ($221k), Mission Indy Inc ($222k) and Southwestern Medical Clinic Foundation ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.