Card Inc

Analysis

Card Inc is a registered charity in United States, based in Braintree, MA. It received its IRS tax-exemption ruling in August 1982, 44 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Card Inc reported income of $855k and spending of $1.1m, spending 134% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $966k to $855k (-12%), an average of -3.0% a year. The sharpest change came in the year to June 2023, when income dropped by 27%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Card Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MA. Charities of a similar size with the same main cause include Koinonia Inc ($854k), Habitat for Humanity International Inc ($855k) and Greater Peace Community Development Corporation ($854k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $189k. At year end it held assets of $5.9m against liabilities of $5.5m, net assets of $363k.