Carols Kitchen Inc

Analysis

Carols Kitchen Inc is a registered charity in United States, based in Beaumont, CA. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Carols Kitchen Inc reported income of $1.1m and spending of $1.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $259k to $1.1m (+335%), an average of +44% a year. The sharpest change came in the year to December 2020, when income rose by 225%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Carols Kitchen Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Michael Phelps Foundation ($1.1m), Refugees Enrichment & Development Association Inc ($1.1m) and Ebc Cares Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $17k (1.6% of expenses). Other salaries and wages came to $126k. At year end it held assets of $564k against liabilities of $0, net assets of $564k. It reported 7 employees.