Community Link Programs of Traveler Aid Society of Central Carolinas I

Analysis

Community Link Programs of Traveler Aid Society of Central Carolinas I is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in September 1956, 70 years ago. 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 2024, Community Link Programs of Traveler Aid Society of Central Carolinas I reported income of $3.6m and spending of $4.1m, spending 115% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $4.9m to $3.6m (-27%), an average of -7.6% a year. The sharpest change came in the year to June 2024, when income dropped by 31%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Link Programs of Traveler Aid Society of Central Carolinas I sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include United Way of Central Virginia Inc ($3.5m), Community Development Corporation of Boston Inc ($3.6m) and Big Brothers Big Sisters of Puget Sound ($3.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 101% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $144k (3.5% of expenses). Other salaries and wages came to $759k. At year end it held assets of $2.8m against liabilities of $2.0m, net assets of $818k. It reported 35 employees.