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Chara INC

Tax-deductible

Concord, NC501(c)(3)Foundations & Grantmakers EIN 20-5315163Revenue $444K in FY2025Latest return filed Apr 17, 2026

On file with the IRSConcord, NCTax-exempt since Dec 2006Publicly supported charity — 170(b)(1)(A)(vi)

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Charitable outreach projects

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 20-5315163) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $47K a year · 13% of revenue · last 6 filings
A surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
100% of spending went to programs.
Pt IX · Ln 25 · col B
Cash reserves
6.9 mo
of spending, in cash
6.9 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
14
of 14 voting members
14 of 14 voting members are independent.
Pt VI · Ln 1a–1b
In line with peersDifferent from peersFar from peersNo peer rangeNo data yetTap a box for the reason.
Revenue
$444K
+3% vs prior year
Spent
$424K
To programs
100%
Net assets
$288K
By yearFY2020–FY2025
Revenue
$444K
FY2025▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$289K
FY2021$333K
FY2022$406K
FY2023$339K
FY2024$429K
FY2025$444K
Expenses
$424K
FY2025▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2020$262K
FY2021$281K
FY2022$316K
FY2023$281K
FY2024$394K
FY2025$424K
Net assets
$288K
FY2025▼ -13%
Tap a bar for its year
Net assets by fiscal year
FY2020$118K
FY2021$170K
FY2022$260K
FY2023$272K
FY2024$332K
FY2025$288K

From the FY2025 Form 990 · see the original

990 PDF Support Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2006.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $424K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

14 people listed on the 990.

Part VII, Section A · reportable compensation
Teri Furr
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Joseph Hatcher
Chairman of the Board
$0Pt VII · Sec A
$0Pt VII · Sec A
Jeri Corley
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Chara INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Chara INC is a public foundation based in Concord, NC.

Questions for Chara INC

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1 program · $424K · in their own filed words · FY2025
01

Charitable outreach and community projects with volunteers and finances primarily reaching third world and under developed countries.

Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 20-5315163) · Dispute this line
$424Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2022
Donor Advised Charitable Giving INCFY2022$10K
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$444K
Ln 12
Gifts and grantsLn 1h$444K
Money outPt IX
$424K
Ln 25
Programscol B$424K
Owns and owesPt X
$288K
net assets · Ln 32
Cash and savingsLn 1–2$244K
Total assetsLn 16$288K
LiabilitiesLn 26$0
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$444K
Total revenueLn 12$444K
Assets in detailPt X, end of year
CashLn 1$244K
Cash and savings togetherLn 1–2$244K
Land, buildings, equipmentLn 10c$43K
Total assetsLn 16$288K
LiabilitiesLn 26$0
Net assetsLn 32$288K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$274K$244K
Land, buildings, equipmentLn 10c$58K$43K
Total assetsLn 16$332K$288K
LiabilitiesLn 26$0$0
Net assetsLn 32$332K$288K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$20K$20K
Office expensesLn 13$24K$24K
OccupancyLn 16$23K$23K
TravelLn 17$32K$32K
Depreciation, depletion and amortizationLn 22$14K$14K
InsuranceLn 23$255$255
Other expenses (24a–d)Ln 24$311K$311K
Total functional expensesLn 25$424K$424K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Apr 17, 2026 $444K$424K$19K$288K 990 PDF
FY2024Filed with the IRS Apr 15, 2025 $429K$394K$35K$332K 990 PDF
FY2023Filed with the IRS Apr 26, 2024 $339K$281K$59K$272K 990 PDF
FY2022Filed with the IRS May 4, 2023 $406K$316K$90K$260K 990 PDF
FY2021Filed with the IRS Apr 26, 2022 $333K$281K$51K$170K 990 PDF
FY2020Filed with the IRS Jul 20, 2021 $289K$262K$27K$118K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2025 990
Part I · Summary $443,776 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $429,116$443,776
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $429,116$443,776
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $393,725$424,384
I-18 Total expensesPrior year $393,725$424,384
I-19 Revenue less expensesPrior year $35,391$19,392
Part VI · Governance 14 of 14 board members independent, 4 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $443,776 across 4 lines filed
VIII-1f All other contributions, gifts and grants$443,776
VIII-1h Total contributions, gifts and grants$443,776
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$443,776
Part IX · Statement of functional expenses $424,384 across 7 lines filed
IX-11a Management feesPrograms $20,000$20,000
IX-13 Office expensesPrograms $23,662$23,662
IX-16 OccupancyPrograms $22,600$22,600
IX-17 TravelPrograms $32,408$32,408
IX-22 Depreciation, depletion and amortizationPrograms $14,241$14,241
IX-23 InsurancePrograms $255$255
IX-24 Other expenses (24a–d)Programs $311,218$311,218
IX-25 Total functional expensesPrograms $424,384 · Management $0 · Fundraising $0$424,384
Part X · Balance sheet $287,579 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $274,057$244,160
X-10c Land, buildings and equipment, netStart of year $57,660$43,419
X-16 Total assetsStart of year $331,717$287,579
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $331,717$287,579
X-32 Total net assets or fund balancesStart of year $331,717$287,579
X-33 Total liabilities and net assetsStart of year $331,717$287,579
Part XI · Reconciliation of net assets $287,579 net assets at year end
XI-1 Total revenue$443,776
XI-2 Total expenses$424,384
XI-3 Revenue less expenses$19,392
XI-4 Net assets at start of year$331,717
XI-8 Prior period adjustments−$63,530
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$287,579

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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