Counseling Center of Charlotte Inc

Analysis

Counseling Center of Charlotte Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2023, Counseling Center of Charlotte Inc reported income of $205k and spending of $220k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $208k to $205k (-1.6%), an average of -0.4% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Counseling Center of Charlotte Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NC. Charities of a similar size with the same main cause include White Dress Project Inc ($205k), Stand by Me ($205k) and Chick a Dee Acres Farm Inc ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $105k (48% of expenses). Other salaries and wages came to $91k. At year end it held assets of $6,300 against liabilities of $1,758, net assets of $4,542. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.