Iskcon of Charlotte Inc

Analysis

Iskcon of Charlotte Inc is a registered charity in United States, based in Matthews, NC. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Iskcon of Charlotte Inc reported income of $129k and spending of $3,258, leaving 97% of income unspent that year. Across the 5 years on record, from December 2017 to December 2023, income grew from $71k to $129k (+82%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 987%. Over the whole period it spent 38% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iskcon of Charlotte Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within NC. Charities of a similar size with the same main cause include Dna Global Network Inc ($129k), Cottage Ministries Inc ($130k) and City Hope International ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $161k against liabilities of $0, net assets of $161k.