Carolina Alliance for Fair Employement

Analysis

Carolina Alliance for Fair Employement is a registered charity in United States, based in Society Hill, SC. It received its IRS tax-exemption ruling in April 1983, 43 years ago. 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 August 2023, Carolina Alliance for Fair Employement reported income of $64k and spending of $78k, spending 122% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $648k to $64k (-90%), an average of -44% a year. The sharpest change came in the year to August 2022, when income dropped by 73%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carolina Alliance for Fair Employement sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 31st percentile within SC. Charities of a similar size with the same main cause include Juntos Collective Inc ($64k), Menomonee Falls Historical Society Inc ($64k) and Higher Power Sports ($64k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $142k against liabilities of $113k, net assets of $29k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.