Mt Carmel Gardens Inc

Analysis

Mt Carmel Gardens Inc is a registered charity in United States, based in Pleasantville, NJ. It received its IRS tax-exemption ruling in July 1980, 46 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mt Carmel Gardens Inc reported income of $765k and spending of $667k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $660k to $765k (+16%), an average of +3.7% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mt Carmel Gardens Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include Springfield First Aid Squad Inc ($764k), Volunteers of America Inc ($765k) and Capitol Child Development Center Inc ($764k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $132k. At year end it held assets of $896k against liabilities of $87k, net assets of $809k. It reported 4 employees.