Community Relief Organization Of Mt Holly Nc
EIN: 561790303 · Mount Holly, NC
| Metric | Value |
|---|---|
| Total Revenue | $601K |
| Total Expenses | $600K |
| Net Assets | $391K |
Is Community Relief Organization Of Mt Holly Nc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Community Relief Organization Of Mt Holly Nc
Community Relief Organization Of Mt Holly Nc (EIN: 561790303) is a nonprofit organization based in Mount Holly, NC. The organization reported total revenue of $601K and total assets of $391K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Relief Organization Of Mt Holly Nc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Relief Organization Of Mt Holly Nc is a small nonprofit that has been operating for 33 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 8.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $592K |
| Total Expenses | $600K |
| Surplus / Deficit | $-7,503 |
| Total Assets | $391K |
| Net Assets | $391K |
| Operating Margin | -1.3% |
| Months of Reserves | 7.8 months |
Financial Health Grade: B
In 2024, Community Relief Organization Of Mt Holly Nc reported a deficit of $8K with expenses exceeding revenue, holds 7.8 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Community Relief Organization Of Mt Holly Nc's revenue has grown at a compound annual growth rate (CAGR) of 8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +17.7% | +6.4% | -1.9% |
| 2023 | -11.1% | -4.2% | -13.2% |
| 2022 | -8.0% | +8.6% | -4.7% |
| 2021 | +207.3% | +373.1% | +17.6% |
| 2020 | -61.5% | -77.2% | +25.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Community Relief Organization Of Mt Holly Nc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community Relief Organization Of Mt Holly Nc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
Frequently Asked Questions about Community Relief Organization Of Mt Holly Nc
Is Community Relief Organization Of Mt Holly Nc a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Relief Organization Of Mt Holly Nc (EIN: 561790303) insufficient data. 0 red flags identified, 0 strengths noted.
How does Community Relief Organization Of Mt Holly Nc spend its money?
Detailed spending breakdown data is not yet available for Community Relief Organization Of Mt Holly Nc. Check back for updated IRS 990 analysis.
Are donations to Community Relief Organization Of Mt Holly Nc tax-deductible?
Community Relief Organization Of Mt Holly Nc is registered as a tax-exempt nonprofit (EIN: 561790303). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Community Relief Organization Of Mt Holly Nc located?
Community Relief Organization Of Mt Holly Nc is headquartered in Mount Holly, North Carolina and files with the IRS under EIN 561790303.
How many years of IRS 990 filings does Community Relief Organization Of Mt Holly Nc have?
Community Relief Organization Of Mt Holly Nc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $601K in total revenue.
Filing History
IRS 990 filing history for Community Relief Organization Of Mt Holly Nc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Community Relief Organization Of Mt Holly Nc's revenue has grown by 176%, moving from $215K to $592K. Total assets increased by 300.3% over the same period, from $98K to $391K. Total functional expenses rose by 231.2%, from $181K to $600K. In its most recent filing year (2024), Community Relief Organization Of Mt Holly Nc reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $592K | $600K | $391K | $0 | — | — |
| 2023 | $503K | $564K | $398K | $0 | — | View 990 |
| 2022 | $566K | $589K | $459K | $0 | — | View 990 |
| 2021 | $615K | $542K | $481K | $0 | — | View 990 |
| 2020 | $200K | $115K | $409K | $1K | — | View 990 |
| 2019 | $520K | $502K | $325K | $3K | — | View 990 |
| 2018 | $465K | $461K | $322K | $17K | — | View 990 |
| 2017 | $58K | $79K | $301K | $21K | — | View 990 |
| 2016 | $189K | $131K | $326K | $25K | — | View 990 |
| 2015 | $174K | $174K | $262K | $28K | — | View 990 |
| 2014 | $184K | $178K | $267K | $33K | — | View 990 |
| 2013 | $279K | $193K | $265K | $38K | — | View 990 |
| 2012 | $221K | $177K | $142K | $0 | — | View 990 |
| 2011 | $215K | $181K | $98K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $592K, expenses of $600K, and assets of $391K (revenue +17.7% year-over-year).
- 2023: Revenue of $503K, expenses of $564K, and assets of $398K (revenue -11.1% year-over-year).
- 2022: Revenue of $566K, expenses of $589K, and assets of $459K (revenue -8.0% year-over-year).
- 2021: Revenue of $615K, expenses of $542K, and assets of $481K (revenue +207.3% year-over-year).
- 2020: Revenue of $200K, expenses of $115K, and assets of $409K (revenue -61.5% year-over-year).
- 2019: Revenue of $520K, expenses of $502K, and assets of $325K (revenue +11.9% year-over-year).
- 2018: Revenue of $465K, expenses of $461K, and assets of $322K (revenue +699.3% year-over-year).
- 2017: Revenue of $58K, expenses of $79K, and assets of $301K (revenue -69.2% year-over-year).
- 2016: Revenue of $189K, expenses of $131K, and assets of $326K (revenue +8.3% year-over-year).
- 2015: Revenue of $174K, expenses of $174K, and assets of $262K (revenue -5.4% year-over-year).
- 2014: Revenue of $184K, expenses of $178K, and assets of $267K (revenue -33.8% year-over-year).
- 2013: Revenue of $279K, expenses of $193K, and assets of $265K (revenue +26.3% year-over-year).
- 2012: Revenue of $221K, expenses of $177K, and assets of $142K (revenue +2.8% year-over-year).
- 2011: Revenue of $215K, expenses of $181K, and assets of $98K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Relief Organization Of Mt Holly Nc:
Data Sources and Methodology
This transparency report for Community Relief Organization Of Mt Holly Nc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.