Larche North Carolina
EIN: 474421582 · Durham, NC · NTEE: F33
| Metric | Value |
|---|---|
| Total Revenue | $336K |
| Total Expenses | $158K |
| Net Assets | $465K |
Is Larche North Carolina Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Larche North Carolina
Larche North Carolina (EIN: 474421582) is a nonprofit organization based in Durham, NC, classified under NTEE code F33. The organization reported total revenue of $336K and total assets of $697K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Larche North Carolina's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Larche North Carolina is a small nonprofit that has been operating for 10 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 15.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $328K |
| Total Expenses | $158K |
| Surplus / Deficit | +$170K |
| Total Assets | $468K |
| Total Liabilities | $3K |
| Net Assets | $465K |
| Operating Margin | 51.9% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 35.5 months |
Financial Health Grade: A
In 2023, Larche North Carolina reported a surplus of $170K with revenue exceeding expenses, holds 35.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Larche North Carolina's revenue has grown at a compound annual growth rate (CAGR) of 15.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.0% | +71.1% | +58.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Larche North Carolina 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 Larche North Carolina 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $170K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Larche North Carolina
Is Larche North Carolina a legitimate charity?
Larche North Carolina (EIN: 474421582) is a registered tax-exempt nonprofit based in North Carolina. It has 2 years of IRS 990 filings on record. Total revenue: $336K. No red flags identified. Financial health grade: A.
How does Larche North Carolina spend its money?
Larche North Carolina reported $336K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Larche North Carolina tax-deductible?
Larche North Carolina is registered as a tax-exempt nonprofit (EIN: 474421582). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Larche North Carolina located?
Larche North Carolina is headquartered in Durham, North Carolina and files with the IRS under EIN 474421582. It is classified under NTEE code F33.
How many years of IRS 990 filings does Larche North Carolina have?
Larche North Carolina has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $336K in total revenue.
Filing History
IRS 990 filing history for Larche North Carolina showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Larche North Carolina's revenue has grown by 15%, moving from $286K to $328K. Total assets increased by 58.2% over the same period, from $296K to $468K. Total functional expenses rose by 71.1%, from $92K to $158K. In its most recent filing year (2023), Larche North Carolina reported a surplus of $170K, with revenue exceeding expenses. The organization holds $3K in liabilities against $468K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $465K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $328K | $158K | $468K | $3K | — | View 990 |
| 2022 | $286K | $92K | $296K | $2K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Larche North Carolina:
Data Sources and Methodology
This transparency report for Larche North Carolina 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.