Spay Neuter Charlotte

Analysis

Spay Neuter Charlotte is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Spay Neuter Charlotte reported income of $5.6m and spending of $5.3m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.6m to $5.6m (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 91% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Spay Neuter Charlotte sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NC. Charities of a similar size with the same main cause include Cheetah Conservation Fund ($5.6m), Performing Animal Welfare Society ($5.6m) and Columbus Humane ($5.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.3% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $142k (2.7% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $5.6m against liabilities of $2.4m, net assets of $3.2m. It reported 72 employees.