Rebuilding Together of Greater Charlotte Inc

Analysis

Rebuilding Together of Greater Charlotte Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in November 2010, 16 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 June 2023, Rebuilding Together of Greater Charlotte Inc reported income of $1000k and spending of $1.4m, spending 144% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $791k to $1000k (+26%), an average of +8.1% a year. The sharpest change came in the year to June 2022, when income rose by 139%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rebuilding Together of Greater Charlotte Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Las Bougainvilleas Senior Housing Inc ($999k), Walker Non-Profit Housing Corporation ($1000k) and Nonantum Village Place Inc ($999k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $93k (6.5% of expenses). Other salaries and wages came to $318k. At year end it held assets of $895k against liabilities of $380k, net assets of $515k. It reported 8 employees.