Charlie Center

Analysis

Charlie Center is a registered charity in United States, based in Cedar Park, TX. It received its IRS tax-exemption ruling in November 2021, 5 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, Charlie Center reported income of $376k and spending of $192k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $132k to $376k (+185%), an average of +185% a year. The sharpest change came in the year to December 2023, when income rose by 185%. Over the whole period it spent 54% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Charlie Center sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include 55 Kip Center ($376k), Abc Crisis Pregnancy Center Inc ($376k) and Better Health Better Life Inc ($376k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $59k (31% of expenses). Other salaries and wages came to $59k. At year end it held assets of $273k against liabilities of $5,254, net assets of $268k. It reported 5 employees.