Membership benefit organizations, mutual insurance, and cooperatives Analysis for North Carolina — revenue, assets, and AI-powered transparency reports.
Average spending breakdown for mutual benefit nonprofits in North Carolina based on IRS 990 filings:
Mutual Benefit nonprofits in North Carolina show strong program spending, directing 95% to charitable activities.
There are 50 mutual benefit nonprofits in North Carolina, classified under NTEE codes Y, with $1.8B in combined revenue.
The largest mutual benefit nonprofit in North Carolina by revenue is North Carolina Electric Membership Corporation with $1.3B in annual revenue.
On average, mutual benefit nonprofits in North Carolina spend 95% on programs, 5% on administration, and 0% on fundraising.
Check the organization's Mission Score, review red flags, examine spending breakdowns, and verify their IRS 990 filings on NonprofitSpending. Legitimate mutual benefit nonprofits typically spend 65%+ of their budget on programs.