Carc Industries

Analysis

Carc Industries is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 1993, 33 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Carc Industries reported income of $157k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $232k to $157k (-32%), an average of -9.3% a year. The sharpest change came in the year to June 2021, when income dropped by 67%. Over the whole period it spent 30% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carc Industries sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within IL. Charities of a similar size with the same main cause include Woodcliff Lake Athletic Association Inc ($157k), Marine Corps Air Transport Association ($157k) and The Fluvanna County Historical Society Inc ($157k).

At year end it held assets of $539k against liabilities of $0, net assets of $539k.