Carolina Voices Inc

Analysis

Carolina Voices Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in March 1958, 68 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Carolina Voices Inc reported income of $346k and spending of $300k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2024, income grew from $318k to $346k (+8.8%), an average of +2.1% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Carolina Voices Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Center for Contemporary Arts ($346k), Hope Stone Inc ($346k) and Economic Club of Minnesota ($346k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 69% and program service revenue 30% of the total. Other salaries and wages came to $82k. At year end it held assets of $131k against liabilities of $3,303, net assets of $128k. It reported 1 employees.