Carolina Family Services Inc

Analysis

Carolina Family Services Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in June 2007, 19 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, Carolina Family Services Inc reported income of $1.2m and spending of $1.0m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $755k to $1.2m (+56%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Carolina Family Services Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within SC. Charities of a similar size with the same main cause include Side by Side Kids Inc ($1.2m), Mizpah Assisted Living Services ($1.2m) and Aptiv Foundation Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Other salaries and wages came to $617k. At year end it held assets of $501k against liabilities of $256k, net assets of $246k. It reported 38 employees.