Carillon Inc

Analysis

Carillon Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in May 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Carillon Inc reported income of $28.2m and spending of $28.3m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $26.6m to $28.2m (+6.1%), an average of +2.0% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Carillon Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Generationed ($28.1m), St Vincent de Paul of Baltimore Inc ($28.2m) and Feed America First of Tennessee ($28.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.0% and program service revenue 96% of the total. Other salaries and wages came to $11.0m. At year end it held assets of $57.6m against liabilities of $95.9m, net assets of -$38.3m. It reported 471 employees.