Carrie Lynn Childrens Center Inc

Analysis

Carrie Lynn Childrens Center Inc is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Carrie Lynn Childrens Center Inc reported income of $115k and spending of $112k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $107k to $115k (+7.4%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Carrie Lynn Childrens Center Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within IL. Charities of a similar size with the same main cause include The Parking Industry Institute ($115k), Holstein Development Authority ($115k) and Williamsburg Enterprise Community Commision Inc ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 31% of the total. At year end it held assets of $1.1m against liabilities of $994, net assets of $1.1m.