The Charlotte Center for the Humanities Inc

Analysis

The Charlotte Center for the Humanities Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Charlotte Center for the Humanities Inc reported income of $243k and spending of $257k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $261k to $243k (-6.8%), an average of -6.8% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Charlotte Center for the Humanities 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 58th percentile, and in the 56th percentile within NC. Charities of a similar size with the same main cause include Hwarang Youth Foundation ($243k), Entrusted Houston ($243k) and Rockford Supportive Housing NFP ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $60k (23% of expenses). At year end it held assets of $77k against liabilities of $0, net assets of $77k. It reported 1 employees.