Carey Housing Development Incorporated

Analysis

Carey Housing Development Incorporated is a registered charity in United States, based in Paris, TN. It received its IRS tax-exemption ruling in July 1987, 39 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 June 2023, Carey Housing Development Incorporated reported income of $140k and spending of $87k, leaving 38% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $130k to $140k (+7.3%), an average of +7.3% a year. Over the whole period it spent 62% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Carey Housing Development Incorporated 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 46th percentile within TN. Charities of a similar size with the same main cause include Gwen L Kosinski Foundation Inc ($140k), York Cross of Honour Medical Research Foundation ($140k) and Institute for Internal Transformation ($140k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. At year end it held assets of $130k against liabilities of $38k, net assets of $92k.