Carenet Counseling East

Analysis

Carenet Counseling East is a registered charity in United States, based in Greenville, NC. It received its IRS tax-exemption ruling in March 2001, 25 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, Carenet Counseling East reported income of $243k and spending of $235k, spending 97% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $211k to $243k (+16%), an average of +4.9% a year. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Carenet Counseling East sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within NC. Charities of a similar size with the same main cause include American Heroes Outdoors ($243k), Muncie Outreach ($243k) and Mariner Travel Club ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $83k. At year end it held assets of $242k against liabilities of $0, net assets of $242k. It reported 2 employees.