Charity League Inc

Analysis

Charity League Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in June 1961, 65 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 May 2023, Charity League Inc reported income of $70k and spending of $79k, spending 113% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $25k to $70k (+177%), an average of +29% a year. The sharpest change came in the year to May 2021, when income rose by 240%. Over the whole period it spent 114% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Charity League Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within NC. Charities of a similar size with the same main cause include Broken Arrow Community Foundation Inc ($70k), Del Mar Womens Giving Collective ($70k) and Mother Lode Adventist Junior Academy Endowment Foundation ($70k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $458k against liabilities of $9,031, net assets of $449k.