The Carr Center Inc

Analysis

The Carr Center Inc is a registered charity in United States, based in Zanesville, OH. It received its IRS tax-exemption ruling in May 1994, 32 years ago. 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, The Carr Center Inc reported income of $693k and spending of $635k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $531k to $693k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Carr Center Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within OH. Charities of a similar size with the same main cause include Middletown Free Library Assoc Inc ($693k), American Security Project ($693k) and Victory Lakeside Inc ($693k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $13k (2.1% of expenses). Other salaries and wages came to $363k. At year end it held assets of $968k against liabilities of $21k, net assets of $947k. It reported 32 employees.