Wake County Continuum Of Care
EIN: 651267717 · Raleigh, NC · NTEE: L03
Is Wake County Continuum Of Care Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wake County Continuum Of Care
Wake County Continuum Of Care (EIN: 651267717) is a nonprofit organization based in Raleigh, NC, classified under NTEE code L03. The organization reported total revenue of $843K and total assets of $274K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wake County Continuum Of Care's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Wake County Continuum Of Care 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 Wake County Continuum Of Care 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.
Frequently Asked Questions about Wake County Continuum Of Care
Is Wake County Continuum Of Care a legitimate charity?
Based on AI analysis of IRS 990 filings, Wake County Continuum Of Care (EIN: 651267717) insufficient data. 0 red flags identified, 0 strengths noted.
How does Wake County Continuum Of Care spend its money?
Detailed spending breakdown data is not yet available for Wake County Continuum Of Care. Check back for updated IRS 990 analysis.
Are donations to Wake County Continuum Of Care tax-deductible?
Wake County Continuum Of Care is registered as a tax-exempt nonprofit (EIN: 651267717). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Wake County Continuum Of Care showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Wake County Continuum Of Care's revenue has grown by 754.3%, moving from $99K to $843K. Total assets increased by 373.9% over the same period, from $58K to $274K. Total functional expenses rose by 1280.1%, from $77K to $1.1M. In its most recent filing year (2023), Wake County Continuum Of Care reported a deficit of $220K, with expenses exceeding revenue. The organization holds $64K in liabilities against $274K in assets (debt-to-asset ratio: 23.4%), resulting in net assets of $210K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $843K | $1.1M | $274K | $64K | — | — |
| 2022 | $1.6M | $1.4M | $519K | $89K | — | View 990 |
| 2021 | $1.7M | $1.6M | $296K | $74K | — | View 990 |
| 2020 | $863K | $852K | $212K | $100K | — | View 990 |
| 2019 | $538K | $535K | $124K | $23K | — | View 990 |
| 2018 | $571K | $460K | $125K | $28K | — | View 990 |
| 2016 | $102K | $108K | $27K | $3K | — | View 990 |
| 2015 | $138K | $121K | $33K | $2K | — | View 990 |
| 2014 | $93K | $87K | $26K | $12K | — | View 990 |
| 2013 | $81K | $136K | $9K | $1K | — | View 990 |
| 2012 | $90K | $84K | $64K | $0 | — | View 990 |
| 2011 | $99K | $77K | $58K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $843K, expenses of $1.1M, and assets of $274K (revenue -47.2% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.4M, and assets of $519K (revenue -4.1% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.6M, and assets of $296K (revenue +92.9% year-over-year).
- 2020: Revenue of $863K, expenses of $852K, and assets of $212K (revenue +60.2% year-over-year).
- 2019: Revenue of $538K, expenses of $535K, and assets of $124K (revenue -5.7% year-over-year).
- 2018: Revenue of $571K, expenses of $460K, and assets of $125K (revenue +459.0% year-over-year).
- 2016: Revenue of $102K, expenses of $108K, and assets of $27K (revenue -26.2% year-over-year).
- 2015: Revenue of $138K, expenses of $121K, and assets of $33K (revenue +49.4% year-over-year).
- 2014: Revenue of $93K, expenses of $87K, and assets of $26K (revenue +14.9% year-over-year).
- 2013: Revenue of $81K, expenses of $136K, and assets of $9K (revenue -10.5% year-over-year).
- 2012: Revenue of $90K, expenses of $84K, and assets of $64K (revenue -8.7% year-over-year).
- 2011: Revenue of $99K, expenses of $77K, and assets of $58K.
Data Sources and Methodology
This transparency report for Wake County Continuum Of Care 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.