The Terry and Hazeldeane Carpenter Intergenerational Center

Analysis

The Terry and Hazeldeane Carpenter Intergenerational Center is a registered charity in United States, based in Gering, NE. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Terry and Hazeldeane Carpenter Intergenerational Center reported income of $401k and spending of $457k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $391k to $401k (+2.5%), an average of +0.6% a year. The sharpest change came in the year to December 2022, when income dropped by 32%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Terry and Hazeldeane Carpenter Intergenerational Center sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NE. Charities of a similar size with the same main cause include Kidquest ($401k), Soteria Project Inc ($401k) and The Branches Outreach ($401k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.1% and program service revenue 89% of the total. Other salaries and wages came to $150k. At year end it held assets of $789k against liabilities of $16k, net assets of $774k. It reported 24 employees.