Carter Center for Children Inc

Analysis

Carter Center for Children Inc is a registered charity in United States, based in Needham HGTS, MA. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Carter Center for Children Inc reported income of $1.7m and spending of $1.6m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.7m (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 109%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Carter Center for Children Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Oakland Hope ($1.7m), Crockett Resource Center for Indepenent Living Inc ($1.7m) and Purposely Chosen ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $162k (10% of expenses). Other salaries and wages came to $948k. At year end it held assets of $1.3m against liabilities of $365k, net assets of $918k. It reported 25 employees.