Catholic Charities Diocese of Charlotte

Analysis

Catholic Charities Diocese of Charlotte is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Catholic Charities Diocese of Charlotte reported income of $7.7m and spending of $8.1m, spending 105% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $7.1m to $7.7m (+8.4%), an average of +2.7% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Catholic Charities Diocese of Charlotte sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NC. Charities of a similar size with the same main cause include Jameson Care Center Inc ($7.7m), The Safe Center Li Inc ($7.7m) and Reb Shayalas Kitchen ($7.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $182k (2.3% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $5.1m against liabilities of $504k, net assets of $4.6m. It reported 70 employees.