Carson Place Inc

Analysis

Carson Place Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2024, Carson Place Inc reported income of $63k and spending of $80k, spending 127% of what it took in. Across the 6 years on record, from September 2019 to September 2024, income grew from $55k to $63k (+14%), an average of +2.6% a year. Over the whole period it spent 132% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Carson Place Inc sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within AL. Charities of a similar size with the same main cause include Sepp Construction Co Inc ($63k), 620 Summit Inc ($63k) and Her Foundation Inc ($63k).

On its Form 990 for the period ending September 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $302k against liabilities of $608k, net assets of -$306k.

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.