Everett House of Charlotte Inc

Analysis

Everett House of Charlotte Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Everett House of Charlotte Inc reported income of $95k and spending of $115k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $86k to $95k (+10%), an average of +2.4% a year. Over the whole period it spent 134% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Everett House of Charlotte Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 33rd percentile within NC. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($95k), Southwest Florida Gwi Housing XI Inc ($95k) and Mosaic Housing Corp VII ($95k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $932k against liabilities of $1.3m, net assets of -$336k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.