Charlotte Area Fund Inc

Charlotte, NC, 282344188 (704) 372-3010 Est. 1963 EIN 56-6063127
P200 - Human Services 990 - Public charity return 501(c)(3)
www.charlotteareafund.org

Mission

The Charlotte Area Funds mission, as Meckenburg Countys designated community action agency, is to provide programs and services that assist economically disadvantaged citizens with gaining the skills and abilities necessary to become self-sufficient.

Financials

Total Revenue
$2,078,969
Total Expenses
$2,190,722
Net Assets
$908,992
22 employees 44 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
5.0 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 5.4%
Expenses ↓ 2.5%
Revenue Sources
Contributions 100.0%
Expense Breakdown
Program 78.1% Management 21.9%

Officers & Key Employees (12)

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Grants Received (12)

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Filing History (11 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$2,078,969 ↓$2,190,722$908,992
2023 990 - Public charity return
Jul 1, 2023 to Jun 30, 2024
$2,198,059 ↑$2,247,886$1,020,747
2023 990 - Public charity return
Jul 1, 2023 to Jun 30, 2024
$2,198,058 ↓$2,247,886$1,020,745
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$2,676,158 ↑$2,645,490$1,070,574
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$2,384,758 $2,378,349$1,040,839
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$2,384,758 ↓$2,353,562$1,039,901
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$3,737,990 $2,790,208$992,631
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$3,737,990 ↑$2,774,134$1,008,705
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$1,745,684 ↑$1,819,631$44,849
2018 990 - Public charity return
Jul 1, 2018 to Jun 30, 2019
$1,596,817 $1,575,733$118,796

1 older filing not shown

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EIN: 56-6063127 · Source: IRS Form 990 e-file data