Queens University of Charlotte
1900 Selwyn Ave, Charlotte, NC · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $91,815,282 | $119,670,089 | $46,466,543 |
| FY2023 | $88,428,382 | $108,892,619 | $67,565,345 |
| FY2022 | $92,927,014 | $98,710,598 | $77,815,742 |
| FY2021 | $81,135,661 | $85,585,196 | $67,435,590 |
| FY2020 | $92,451,416 | $95,912,166 | $68,448,010 |
| FY2019 | $96,549,472 | $94,412,085 | $93,184,255 |
| FY2018 | $104,303,504 | $88,421,737 | $96,196,648 |
| FY2017 | $114,556,048 | $79,680,829 | $90,856,950 |
| FY2016 | $79,130,567 | $78,025,629 | $51,896,043 |
| FY2015 | $75,940,090 | $74,514,970 | $153,863,068 |
| FY2014 | $75,112,094 | $71,822,418 | $154,477,288 |
| FY2013 | $68,651,741 | $68,322,973 | $137,010,199 |
| FY2012 | $63,112,110 | $68,655,023 | $134,121,004 |
| FY2011 | $102,356,607 | $60,584,036 | $141,791,302 |
Form 990 filings
The returns filed by Queens University of Charlotte (EIN 56-0530003), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of listed sources |
|---|---|---|
| Contributions & grants | $11,851,107 | 13% |
| Program service revenue | $81,654,894 | 87% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $92,586,155 | 77% |
| Management & general | $24,357,344 | 20% |
| Fundraising | $2,726,590 | 2% |
What the numbers show
- Program service revenue was the largest of the listed revenue sources in FY2024.
- Program services accounted for 77% of functional expenses, management & general 20%, and fundraising 2%.
- 77% of functional expenses went to program services in FY2024. That is higher than 36.8% of 152 Education organizations in NC.
- Net assets covered about 4.7 months of expenses at the end of the reporting year. That puts it in the 31st percentile among 1703 Education organizations in NC.
- Total revenue was higher than 99.1% of 1724 Education organizations in NC.
- Total revenue fell from $102,356,607 in FY2011 to $91,815,282 in FY2024. Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 6 of 14 reported years (FY2012, FY2020, FY2021, FY2022, FY2023, FY2024).
- The highest revenue on record here is $114,556,048 in FY2017.
- Net assets declined from $141,791,302 to $46,466,543 between FY2011 and FY2024.
- Contributions and grants made up 51% of revenue in FY2011 and 13% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
QUEENS UNIVERSITY OF CHARLOTTE PROVIDES EDUCATIONAL EXPERIENCES THAT TRANSFORM STUDENTS' LIVES AND FOSTER PERSONAL AND PROFESSIONAL SUCCESS.
IRS status
| Ruling year | 1942 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B430 — Education (in NC) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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