Charlotte Transgender Healthcare Group

Analysis

Charlotte Transgender Healthcare Group is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Charlotte Transgender Healthcare Group reported income of $226k and spending of $190k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $226k (+331%), an average of +331% a year. The sharpest change came in the year to December 2023, when income rose by 331%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Charlotte Transgender Healthcare Group sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NC. Charities of a similar size with the same main cause include The Dream Connection Inc ($226k), International Consensus Meeting on Infection ($226k) and Dinora Inc ($226k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $25k (13% of expenses). Other salaries and wages came to $31k. At year end it held assets of $89k against liabilities of $475, net assets of $89k. It reported 2 employees.