CLT Impact Investors

Analysis

CLT Impact Investors is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2022, CLT Impact Investors reported income of $597k and spending of $8,330, leaving 99% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $460k to $597k (+30%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 0.9% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, CLT Impact Investors sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NC. Charities of a similar size with the same main cause include Great Reno Balloon Race Inc ($597k), Westown Association of Milwaukee Inc ($597k) and Island Volunteer Caregivers ($596k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.