Carolina Rebuilding Ministry

Analysis

Carolina Rebuilding Ministry is a registered charity in United States, based in Windsor, NC. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Carolina Rebuilding Ministry reported income of $632k and spending of $798k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $551k to $632k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Carolina Rebuilding Ministry sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within NC. Charities of a similar size with the same main cause include Community Resources Inc ($632k), Dunn Road Manor Inc ($632k) and Brownsville Affordable Homeownershi P Corporation ($631k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $161k. At year end it held assets of $299k against liabilities of $40k, net assets of $259k. It reported 10 employees.