Carolines Nonprofit

Analysis

Carolines Nonprofit is a registered charity in United States, based in Aptos, CA. It received its IRS tax-exemption ruling in September 2011, 15 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 May 2024, Carolines Nonprofit reported income of $851k and spending of $909k, spending 107% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income fell from $945k to $851k (-9.9%), an average of -2.6% a year. The sharpest change came in the year to May 2022, when income rose by 39%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Carolines Nonprofit sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Urban Creators ($851k), Milwaukee Center for Children and Youth Inc ($851k) and Staircase Runaway & Youth Services Incorporated ($851k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 6.5% and program service revenue 93% of the total. Other salaries and wages came to $60k. At year end it held assets of $430k against liabilities of $6,193, net assets of $423k. It reported 1 employees.