National Child Care Institute of Charlotte

Analysis

National Child Care Institute of Charlotte is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, National Child Care Institute of Charlotte reported income of $832k and spending of $668k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $596k to $832k (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 64% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, National Child Care Institute of Charlotte sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within NC. Charities of a similar size with the same main cause include Boys & Girls Club of Toombs Co Inc ($832k), Alive Center NFP ($833k) and Full Circle Youth Empowerment Inc ($831k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $1.6m against liabilities of $872k, net assets of $755k.