Father Carrs PL 2b

Analysis

Father Carrs PL 2b is a registered charity in United States, based in Oshkosh, WI. It received its IRS tax-exemption ruling in October 1980, 46 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 December 2023, Father Carrs PL 2b reported income of $1.2m and spending of $1.1m, spending 90% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.1m to $1.2m (+7.9%), an average of +1.5% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Father Carrs PL 2b sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within WI. Charities of a similar size with the same main cause include Animal Crackers Inc ($1.2m), Ashakiran Inc ($1.2m) and Childrens Advocacy Center of Hamilton County Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $139k (13% of expenses). At year end it held assets of $5.6m against liabilities of $56k, net assets of $5.5m. It reported 3 employees.