Carolina Childrens Charity Inc

Analysis

Carolina Childrens Charity Inc is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in March 1989, 37 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 September 2023, Carolina Childrens Charity Inc reported income of $137k and spending of $272k, spending 199% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $306k to $137k (-55%), an average of -18% a year. The sharpest change came in the year to September 2021, when income rose by 144%. Over the whole period it spent 149% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Carolina Childrens Charity Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 51st percentile within SC. Charities of a similar size with the same main cause include Pituitary Network Association ($137k), Mental Health Heroes ($137k) and Elizabeth M Fehrenbach TR Uw Fbo George B Fehrenbach ($137k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $126k (46% of expenses). At year end it held assets of $765k against liabilities of $1,466, net assets of $764k. It reported 2 employees.

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.