United Jewish Charities of Greater Charlotte Inc

Analysis

United Jewish Charities of Greater Charlotte Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, United Jewish Charities of Greater Charlotte Inc reported income of $9.9m and spending of $7.7m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.6m to $9.9m (+75%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, United Jewish Charities of Greater Charlotte Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include The Tom Wathen Center ($9.9m), University of Southern Maine Foundation ($9.9m) and Porter County Government Charitable Nonprofit Foundation Inc ($9.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $231k (3.0% of expenses). Other salaries and wages came to $961k. At year end it held assets of $10.4m against liabilities of $239k, net assets of $10.2m. It reported 26 employees.