The Carter Center Inc

Analysis

The Carter Center Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in March 1982, 44 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, The Carter Center Inc reported income of $153.8m and spending of $148.7m, spending 97% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $128.0m to $153.8m (+20%), an average of +4.7% a year. The sharpest change came in the year to August 2023, when income rose by 18%. Over the whole period it spent 91% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, The Carter Center Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include Ciee Inc ($151.3m), Mercy Ships International ($155.1m) and Heifer Project International ($149.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $2.9m (1.9% of expenses). Other salaries and wages came to $40.6m. It paid $101k in professional fundraising fees. At year end it held assets of $1.15bn against liabilities of $25.7m, net assets of $1.13bn. It reported 290 employees.