Lift Up Carolinas

Analysis

Lift Up Carolinas is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in December 2025. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2024, Lift Up Carolinas reported income of $1.3m and spending of $1.3m, spending 101% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $829k to $1.3m (+52%), an average of +11% a year. The sharpest change came in the year to May 2023, when income rose by 1363%. Over the whole period it spent 65% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lift Up Carolinas sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include Jubilee House Community ($1.3m), Milwaukee Community Service Corps Inc ($1.3m) and National Center for Craftsmanship ($1.3m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 88% and program service revenue 1.1% of the total. Other salaries and wages came to $112k. At year end it held assets of $8.3m against liabilities of $154k, net assets of $8.1m. It reported 2 employees.