Jain Center of Greater Charlotte

Analysis

Jain Center of Greater Charlotte is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jain Center of Greater Charlotte reported income of $1.1m and spending of $92k, leaving 92% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $1.1m (+359%), an average of +46% a year. The sharpest change came in the year to December 2022, when income rose by 190%. Over the whole period it spent 18% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jain Center of Greater Charlotte sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Transforming the Bay with Christ ($1.1m), Birchas Yaakov Inc ($1.1m) and Marked Men for Christ Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $4.6m against liabilities of $0, net assets of $4.6m.