Rahma Center of Charlotte Inc

Analysis

Rahma Center of Charlotte Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rahma Center of Charlotte Inc reported income of $207k and spending of $186k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $179k to $207k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rahma Center of Charlotte Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NC. Charities of a similar size with the same main cause include St Sophia Religious Association of Ukrainian Catholics Inc ($207k), Auburn Grace Chinese Christian Church ($207k) and Taos Academy Foundation ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $80k. At year end it held assets of $55k against liabilities of $0, net assets of $55k. It reported 1 employees.