Charlotte Latin Schools
Charlotte Latin Schools reported $64.4 million in revenue and $56.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $82.61 went to program services, $13.61 to management and general costs and $3.78 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 82.1% of the total. The highest compensation it reported for one person was $1,001,463 (HEAD OF SCHOOL). 36 people received more than $100,000 in reportable compensation. Revenue rose 63% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $57MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $64MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 82.6% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 13.6% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.8% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.19 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 17.3% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 1.5% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 82.1% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $1,001,463 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.77% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 36 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 24.7 | 13.3 |
| Independent voting board members Part VI 1a–1b | 21 of 21 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseCls enrolled and educated 1,539 students in grades transitional kindergarten through 12th grade in the 2024-2025 school year
Cls provided food and transportation services as well as arts, athletics, and other special programs, such as day care, extended day care, summer camps, clinics, and educational resources to students in grades transitional kindergarten through 12th grade
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| HEAD OF SCHOOL Officer, 50.00 hrs/week | $932,350 | $0 | $69,113 | $1,001,463 |
| CFO AND COO Officer, 50.00 hrs/week | $273,522 | $0 | $34,311 | $307,833 |
| ASSOC. HEAD OF SCHOOL Highest compensated employee, 50.00 hrs/week | $265,263 | $0 | $35,786 | $301,049 |
| HEAD OF MIDDLE SCHOOL Highest compensated employee, 50.00 hrs/week | $190,716 | $0 | $36,905 | $227,621 |
| HEAD OF UPPER SCHOOL Highest compensated employee, 50.00 hrs/week | $194,193 | $0 | $31,547 | $225,740 |
| HEAD OF LOWER SCHOOL Highest compensated employee, 50.00 hrs/week | $185,256 | $0 | $35,859 | $221,115 |
| PHILANTHROPY DIRECTOR Highest compensated employee, 50.00 hrs/week | $183,578 | $0 | $32,657 | $216,235 |
36 people received more than $100,000 in reportable compensation from Charlotte Latin Schools (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.3M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b21 · 21 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5654
- Volunteers Part I, line 621
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| CONSOLIDATED CONTRACT SERVICES Custodial | $640,795 |
| JR CREATIVE CONSTRUCTION INC Maintenance | $229,754 |
| LEARNING ENVIRONMENTS INC Construction | $213,900 |
| YOUNG ENGINEERS OF TODAY Engineering instruction | $173,106 |
| TAILORMADE PROTECTIVE SERVICES Security | $137,780 |
Individuals listed as contractors are left out. 9 contractors were paid more than $100,000 in all.
Private foundation grants it received
20 private foundations reported grants to Charlotte Latin Schools totaling $950K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Charlotte Latin Schools's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Charlotte Latin Schools, you can publish a response that is linked from this page.
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Of every $100 Charlotte Latin Schools spent in FY2025, $82.61 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Covenant CollegeLookout Mountain, GA · revenue $64M · programs 87.2% · FY2025
- Dallas College FoundationDallas, TX · revenue $64M · programs 89.6% · FY2025
- Fisk UniversityNashville, TN · revenue $64M · programs 63.0% · FY2025
- Midland UniversityFremont, NE · revenue $65M · programs 89.6% · FY2025
- Asbury CollegeWilmore, KY · revenue $64M · programs 87.9% · FY2025
All education charities · Largest charities in North Carolina
Questions people ask
How much of Charlotte Latin Schools's spending goes to programs?
In the fiscal year ending June 30, 2025, Charlotte Latin Schools reported that 82.6% of its $56.7 million in expenses went to program services, 13.6% to management and general and 3.8% to fundraising (Form 990, Part IX).
How much does Charlotte Latin Schools pay its top executive?
The largest total compensation Charlotte Latin Schools reported for one person in the fiscal year ending June 30, 2025 was $1,001,463, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Charlotte Latin Schools get its money?
Of $64.4 million in revenue in the fiscal year ending June 30, 2025, 17.3% came from contributions and grants (including 1.5% from government grants) and 82.1% from program service revenue (Form 990, Part VIII).
Is Charlotte Latin Schools a registered charity?
The IRS lists EIN 56-0944449 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631259349302363 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511269349300331 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202410939349301606 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321219349302067 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201029349300425 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101269349300740 · read the filing
All filings for EIN 56-0944449: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.