Carrington Charitable Foundation

Analysis

Carrington Charitable Foundation is a registered charity in United States, based in Aliso Viejo, CA. It received its IRS tax-exemption ruling in October 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Carrington Charitable Foundation reported income of $1.5m and spending of $2.2m, spending 142% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.3m to $1.5m (+19%), an average of +3.5% a year. The sharpest change came in the year to December 2019, when income rose by 37%. Over the whole period it spent 119% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Carrington Charitable Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include United Way of Southern Cameron County ($1.5m), Dublin Partnership in Education ($1.5m) and All Star Childrens Foundation Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 123% of the total. At year end it held assets of $1.7m against liabilities of $438k, net assets of $1.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.