Carolinas Care Partnership

Analysis

Carolinas Care Partnership is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Carolinas Care Partnership reported income of $4.4m and spending of $4.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $4.4m (+50%), an average of +11% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Carolinas Care Partnership sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NC. Charities of a similar size with the same main cause include Lighthouse Beacon for Youth Foundation Inc ($4.4m), MMC Realty Corp ($4.4m) and Clinton Convalescent Center Inc ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $127k (2.9% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.4m against liabilities of $1.1m, net assets of $1.3m. It reported 33 employees.