Carver Community Organization Inc

Analysis

Carver Community Organization Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in May 1951, 75 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, Carver Community Organization Inc reported income of $1.6m and spending of $1.8m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.6m (+11%), an average of +2.8% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Carver Community Organization Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within IN. Charities of a similar size with the same main cause include Center for Independence of Individuals with Disabitilites Inc ($1.6m), Pollen8 LLC ($1.6m) and Enso ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $130k (7.1% of expenses). Other salaries and wages came to $963k. At year end it held assets of $2.6m against liabilities of $936k, net assets of $1.7m. It reported 54 employees.