Stonewall Sports Charlotte Inc

Analysis

Stonewall Sports Charlotte Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Stonewall Sports Charlotte Inc reported income of $141k and spending of $132k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $102k to $141k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Stonewall Sports Charlotte Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NC. Charities of a similar size with the same main cause include Smart 33 Wheeling District Joint Apprenticeship Training Committee ($141k), Core Community Center ($141k) and Masonic Communities & Services Association ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 67% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.