CSCharityScored
50

Foundation For The Carolinas

Community Development · Charlotte, North Carolina

220 N Tryon St, Charlotte, NC 28202-2137

EIN: 566047886· Founded: Oct 1962· 64 years active· Filing Year: 2023

Annual Revenue

$538.0M

Total Expenses

$582.5M

Total Assets

$3.5B

Program Spending

3%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$2.8M

0.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$9.3M

Total Payroll

$12.1M

2% of total expenses

Where the Money Goes

3%
Programs: 3%
Payroll: 2%
Other overhead: 97%
Program Revenue$16.7M (3%)
Total Expenses$582.5M (100%)
Payroll$12.1M (2%)
Overhead (non-program)97%

Trust Score Breakdown

Program Spending Ratio

3% of expenses go to programs

40%

Revenue & Stability

$538.0M annual revenue

15%

Executive Compensation

$2.8M total officer comp (0.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$3.5B in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.