Carmel Dads Club Inc

Analysis

Carmel Dads Club Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in July 1972, 54 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Carmel Dads Club Inc reported income of $4.2m and spending of $3.6m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $4.2m (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 85% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Carmel Dads Club Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within IN. Charities of a similar size with the same main cause include Sociedad Latina Inc ($4.2m), Boys and Girls Club of Greater Billerica Inc ($4.2m) and Boys and Girls Clubs of Greater Conejo Valley Inc ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $208k (5.7% of expenses). Other salaries and wages came to $727k. At year end it held assets of $7.1m against liabilities of $0, net assets of $7.1m. It reported 18 employees.