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Carver Community Center Inc

RegisteredEIN 35-1056324Kokomo, INPoverty relief
Income$295k2023-12
Spending$218ksame year
Spent / received106%4-year average
Size in its cause56th pctPoverty relief
Exempt since1963Publicly supported organisat
Employees6latest return

Analysis

Carver Community Center Inc is a registered charity in United States, based in Kokomo, IN. It received its IRS tax-exemption ruling in June 1963, 63 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 Center Inc reported income of $295k and spending of $218k, leaving 26% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $240k to $295k (+23%), an average of +7.1% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Carver Community Center Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IN. Charities of a similar size with the same main cause include Childrens Advocacy Centers of Oklahoma Inc ($295k), Health & Housing Consortium ($295k) and Happy S Farm Inc ($295k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 23% of the total. Other salaries and wages came to $78k. At year end it held assets of $416k against liabilities of $6,862, net assets of $409k. It reported 6 employees.

Income and spending

$0$74k$149k$223k$297k2019 Income: $239,7212019 Spending: $297,04920192020 Income: $191,9352020 Spending: $244,77720202021 Income: $233,4172021 Spending: $256,88020212023 Income: $294,6482023 Spending: $217,5942023
IncomeSpending

Where the income comes from

  • Contributions & grants 55%
  • Program services 23%
  • Other 22%

Similar-sized charities, same cause

CharityLocationIncome
Childrens Advocacy Centers of Oklahoma IncTulsa$295k
Health & Housing ConsortiumNew York$295k
Happy S Farm IncSalisbury$295k
Al-Maun - Neighborly Needs - of Las Vegas NVLas Vegas$295k