Carolina International School

Analysis

Carolina International School is a registered charity in United States, based in Concord, NC. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Carolina International School reported income of $8.2m and spending of $7.5m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.5m to $8.2m (+8.3%), an average of +2.0% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carolina International School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NC. Charities of a similar size with the same main cause include Team Makers Club Inc ($8.2m), Chelan-Douglas Child Services Association ($8.2m) and Demotte Christian School Inc ($8.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 4.9% of the total. At year end it held assets of $19.6m against liabilities of $25.8m, net assets of -$6.3m. It reported 132 employees.