Charlotte Mason Institute Inc

Analysis

Charlotte Mason Institute Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Charlotte Mason Institute Inc reported income of $574k and spending of $518k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $392k to $574k (+46%), an average of +10% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charlotte Mason Institute Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Teamsters Local 728 Scholarship Fund Inc ($574k), Waterloo Community Schools Foundation ($574k) and Jeremy Elliott Scholarship Foundation ($574k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.5% and program service revenue 90% of the total. Other salaries and wages came to $169k. At year end it held assets of $387k against liabilities of $106k, net assets of $280k. It reported 8 employees.