Charlotte Street Art Collaborative Inc

Analysis

Charlotte Street Art Collaborative Inc is a registered charity in United States, based in Gastonia, NC. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Charlotte Street Art Collaborative Inc reported income of $76k and spending of $60k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $12k to $76k (+551%), an average of +551% a year. The sharpest change came in the year to December 2023, when income rose by 551%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Charlotte Street Art Collaborative Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within NC. Charities of a similar size with the same main cause include Portland Society for Architecture ($76k), Amphibious Forces Memorial Museum Inc ($76k) and Mount Washington Valley Arts Jubilee ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.