Deltas of Charlotte Inc

Analysis

Deltas of Charlotte Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Deltas of Charlotte Inc reported income of $396k and spending of $379k, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $211k to $396k (+88%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 209%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Deltas of Charlotte Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include Kingdom Kids Homes ($396k), Fairy Godmother Project ($396k) and Kids Teen Rider Inc ($396k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 10% and program service revenue 82% of the total. At year end it held assets of $579k against liabilities of $0, net assets of $579k.