Ccar Industries

Analysis

Ccar Industries is a registered charity in United States, based in Charleston, IL. It received its IRS tax-exemption ruling in August 1970, 56 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 June 2024, Ccar Industries reported income of $9.0m and spending of $7.2m, leaving 20% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $6.8m to $9.0m (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ccar Industries sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IL. Charities of a similar size with the same main cause include Boysville Inc ($9.0m), Prime Time Palm Beach County Inc ($9.0m) and Valley Residential Services Inc ($9.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.5% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $135k (1.9% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $17.8m against liabilities of $655k, net assets of $17.1m. It reported 314 employees.