Charlottes Care

Analysis

Charlottes Care is a registered charity in United States, based in Wyandotte, MI. It received its IRS tax-exemption ruling in February 1989, 37 years ago. 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 September 2023, Charlottes Care reported income of $1.3m and spending of $992k, leaving 23% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.0m to $1.3m (+27%), an average of +6.1% a year. The sharpest change came in the year to September 2021, when income rose by 25%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Charlottes Care sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within MI. Charities of a similar size with the same main cause include Alabama Trails Foundation Inc ($1.3m), Seniors in Service ($1.3m) and Nobles Co Developmental Achievement Center Inc ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $107k (11% of expenses). Other salaries and wages came to $519k. At year end it held assets of $1.3m against liabilities of $59k, net assets of $1.3m. It reported 19 employees.