Carolina Youth Coalition

Analysis

Carolina Youth Coalition is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in March 2019, 7 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 June 2023, Carolina Youth Coalition reported income of $1.8m and spending of $1.3m, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $372k to $1.8m (+395%), an average of +49% a year. The sharpest change came in the year to June 2020, when income rose by 273%. Over the whole period it spent 53% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carolina Youth Coalition sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include Hutchinson Community College Endowment Association ($1.8m), Sutherland Institute ($1.8m) and Pungo Christian Academy Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $107k (8.0% of expenses). Other salaries and wages came to $535k. It paid $149k in professional fundraising fees. At year end it held assets of $4.3m against liabilities of $329k, net assets of $3.9m. It reported 16 employees.