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Holy Trinity Greek Orthodox Foundation of Charlotte NC

RegisteredEIN 23-7376106Charlotte, NCGrant-making and general purposes
Income$108k2023-12
Spending$68ksame year
Spent / received50%5-year average
Size in its cause44th pctGrant-making and general purposes
Exempt since1974Supporting organisation
Employees0latest return

Analysis

Holy Trinity Greek Orthodox Foundation of Charlotte NC is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in April 1974, 52 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Holy Trinity Greek Orthodox Foundation of Charlotte NC reported income of $108k and spending of $68k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $64k to $108k (+70%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 452%. Over the whole period it spent 50% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Holy Trinity Greek Orthodox Foundation of Charlotte NC sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within NC. Charities of a similar size with the same main cause include Racers for Tots Inc ($108k), Mulligans Fore Kids Inc ($108k) and The D Truitt and Lorna Davis Foundation ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.

Income and spending

$0$63k$126k$189k$252k2019 Income: $63,5642019 Spending: $59,43320192020 Income: $45,6752020 Spending: $71,81520202021 Income: $251,9262021 Spending: $73,94320212022 Income: $188,5812022 Spending: $59,17420222023 Income: $107,7782023 Spending: $67,7402023
IncomeSpending

Where the income comes from

  • Contributions & grants 39%
  • Other 61%

Similar-sized charities, same cause

CharityLocationIncome
Racers for Tots IncCarnegie$108k
Mulligans Fore Kids IncWilson$108k
The D Truitt and Lorna Davis FoundationHouston$108k
The Pink Pewter Foundation IncStreamwood$108k