Caroline Calouche & Co

Analysis

Caroline Calouche & Co is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Caroline Calouche & Co reported income of $469k and spending of $463k, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $173k to $469k (+170%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 118%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Caroline Calouche & Co sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within NC. Charities of a similar size with the same main cause include Tower-Soudan Historical Society ($469k), Saint Patricks Parade Committee of Holyoke Incorporated ($469k) and Booklyn Incorporated ($469k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $38k (8.1% of expenses). Other salaries and wages came to $9,709. At year end it held assets of $15k against liabilities of $66k, net assets of -$51k. It reported 13 employees.