Education
(B114)
IRS Verified
DX Registered
990 on File
ATHLETIC FOUNDATION OF THE UNIV OF NORTH CAROLINA AT CHARLOTTE
Financial strength (30%)
76/100
Reliability (20%)
55/100
Effectiveness (25%)
77/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Charlotte 49ers Athletic Foundation provides scholarship assistance to over 400 male and female student-athletes in 18 varsity sports. Established in 1969, the Athletic Foundation has developed into a vitally important support group, pursuing excellence, integrity and pride in the University's athletic program. The 49er Club, the Athletic Foundation's official booster organization, offers membership to both individuals and businesses.
Financial Overview — FY 2025
$16.6M
Total Revenue
$13.4M
Total Expenses
$48.2M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
71.8%
Fundraising Efficiency
625.7%
Operating Reserve
43.04x
Liability-to-Asset
0.5%
Revenue Diversification
89.8%
Compared with Peers
FY 2025
Compared with 1,677 similar organizations
(United States, Education, $10M–$100M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
71.8% | 84.4% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
25.7% | 13.6% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.4% | 0.4% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
625.7% | 546.8% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
43.0 mo | 10.4 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.5% | 32.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
89.8% | 88.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
169.9% | 5.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
91.1% | 5.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
19.3% | 3.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $16.6M | $13.4M | $48.2M | 71.8% | 0 |
| 2024 | $6.2M | $7.0M | $41.9M | 91.8% | 0 |
| 2023 | $6.5M | $8.9M | $40.8M | 94.6% | 0 |
| 2022 | $8.2M | $4.2M | $42.9M | 89.0% | 0 |
| 2021 | $2.4M | $3.0M | N/A | — | 0 |
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