Carolina Christian Village Homes Inc

Analysis

Carolina Christian Village Homes Inc is a registered charity in United States, based in King, NC. It received its IRS tax-exemption ruling in July 1985, 41 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Carolina Christian Village Homes Inc reported income of $306k and spending of $279k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $280k to $306k (+9.4%), an average of +2.3% a year. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Carolina Christian Village Homes Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within NC. Charities of a similar size with the same main cause include Robert McBride House Inc ($306k), Walker Meadow Retirement Community Inc ($306k) and Lock Towns Residential Facilities Inc ($306k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. At year end it held assets of $930k against liabilities of $951k, net assets of -$21k.