Carsons Adult Foster Care Inc

Analysis

Carsons Adult Foster Care Inc is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in January 1991, 35 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 September 2023, Carsons Adult Foster Care Inc reported income of $1.1m and spending of $909k, spending 85% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $693k to $1.1m (+55%), an average of +16% a year. The sharpest change came in the year to September 2022, when income rose by 33%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Carsons Adult Foster Care Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Marshall County Assn for Exceptional Children Inc ($1.1m), One Vision Charitable Foundation ($1.1m) and Sav-A-Life Inc ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $491k. At year end it held assets of $772k against liabilities of $0, net assets of $772k. It reported 21 employees.