Charmettes Inc

Analysis

Charmettes Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in June 1984, 42 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Charmettes Inc reported income of $300k and spending of $344k, spending 115% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $305k to $300k (-1.8%), an average of -0.6% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 105% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Charmettes Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Builders4kids ($300k), Wichita County Junior Livestock ($300k) and Junior Achievement of North Central Michigan Inc ($300k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $161k against liabilities of $0, net assets of $161k.