CLT Joules

Analysis

CLT Joules is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, CLT Joules reported income of $536k and spending of $484k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $314k to $536k (+70%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 79% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, CLT Joules sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Homies Unidos Denver ($535k), Casa of Bell and Coryell Counties ($536k) and Court Appointed Special Advocates of Monmouth County Inc ($535k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $162k (33% of expenses). Other salaries and wages came to $214k. At year end it held assets of $539k against liabilities of $3,751, net assets of $535k. It reported 3 employees.