Deutsche Schule Charlotte Inc

Analysis

Deutsche Schule Charlotte Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in January 1981, 45 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Deutsche Schule Charlotte Inc reported income of $185k and spending of $195k, spending 106% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $130k to $185k (+43%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Deutsche Schule Charlotte Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NC. Charities of a similar size with the same main cause include Origin Theatre Company Inc ($185k), Heartland Acres Agribition Center Inc ($185k) and Everett Museum of History ($185k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 22% and program service revenue 1.0% of the total. At year end it held assets of $301k against liabilities of $136k, net assets of $165k.

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.