Celtic Charms Inc

Analysis

Celtic Charms Inc is a registered charity in United States, based in Albemarle, NC. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Celtic Charms Inc reported income of $94k and spending of $70k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $21k to $94k (+352%), an average of +46% a year. The sharpest change came in the year to December 2020, when income rose by 246%. Over the whole period it spent 120% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Celtic Charms Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within NC. Charities of a similar size with the same main cause include Leland Youth Baseball Inc ($94k), White Plains Lacrosse Association Inc ($94k) and Central Academy Youth Soccer Association ($94k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. At year end it held assets of $62k against liabilities of $4,825, net assets of $57k.