Caldwell Halfway House Inc

Analysis

Caldwell Halfway House Inc is a registered charity in United States, based in Lenoir, NC. It received its IRS tax-exemption ruling in December 1983, 43 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Caldwell Halfway House Inc reported income of $280k and spending of $290k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $278k to $280k (+0.5%), an average of +0.1% a year. The sharpest change came in the year to December 2022, when income dropped by 40%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Caldwell Halfway House Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within NC. Charities of a similar size with the same main cause include Multiple Sclerosis Resources of Central New York Inc ($280k), St Pauls Clinic Foundation ($280k) and Chelseas Hope Lafora Children Research Fund ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $79k (27% of expenses). Other salaries and wages came to $41k. At year end it held assets of $966k against liabilities of $3,261, net assets of $963k. It reported 5 employees.