Carl-Con Group Home Inc

Analysis

Carl-Con Group Home Inc is a registered charity in United States, based in Lehigh Acres, FL. It received its IRS tax-exemption ruling in July 1993, 33 years ago. 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 2022, Carl-Con Group Home Inc reported income of $499k and spending of $407k, spending 82% of its income. Across the 3 years on record, from December 2019 to December 2022, income grew from $204k to $499k (+144%), an average of +56% a year. The sharpest change came in the year to December 2022, when income rose by 118%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carl-Con Group Home Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Tax-Aid ($499k), Catoctin Furnace Historical Society Inc ($499k) and Hodge Memorial Day Care Center Inc ($499k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $209k (51% of expenses). At year end it held assets of $92k against liabilities of $0, net assets of $92k. It reported 8 employees.