Carpenters House for Children Inc

Analysis

Carpenters House for Children Inc is a registered charity in United States, based in Umatilla, FL. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Carpenters House for Children Inc reported income of $56k and spending of $60k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $73k to $56k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Carpenters House for Children Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 25th percentile within FL. Charities of a similar size with the same main cause include Pink Lemonade ($56k), Abingdon Rotary Foundation Inc ($56k) and Phi Kappa Theta Iowa XI Foundation ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 105% of the total. At year end it held assets of $7,358 against liabilities of $0, net assets of $7,358.