Carmen High School Development Organization Inc

Analysis

Carmen High School Development Organization Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Carmen High School Development Organization Inc reported income of $164k and spending of $172k, spending 105% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $278k to $164k (-41%), an average of -10% a year. The sharpest change came in the year to June 2021, when income rose by 191%. Over the whole period it spent 126% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carmen High School Development Organization Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within WI. Charities of a similar size with the same main cause include North Dakota Farm Bureau Foundation ($164k), Sharada Educational Foundation ($164k) and Coaches Team Foundation ($164k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 56% and program service revenue 0.3% of the total. Other salaries and wages came to $25k. At year end it held assets of $781k against liabilities of $140k, net assets of $641k.

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.