Down Syndrome Association of Greater Charlotte

Analysis

Down Syndrome Association of Greater Charlotte is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in November 1987, 39 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 December 2023, Down Syndrome Association of Greater Charlotte reported income of $289k and spending of $353k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $385k to $289k (-25%), an average of -6.9% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Down Syndrome Association of Greater Charlotte sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within NC. Charities of a similar size with the same main cause include Dubuque Arts Council ($289k), Little League Baseball Inc ($289k) and Colorado City and County Management Association ($289k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $62k (18% of expenses). Other salaries and wages came to $48k. At year end it held assets of $364k against liabilities of $0, net assets of $364k. It reported 35 employees.