Carriage Association of America Inc

Analysis

Carriage Association of America Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Carriage Association of America Inc reported income of $707k and spending of $538k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $397k to $707k (+78%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 223%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Carriage Association of America Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within KY. Charities of a similar size with the same main cause include Asian Pacific American Leadership Foundation ($707k), Seattle Repertory Theatre Foundation ($707k) and Community Circle Theatre Inc ($707k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 78% of the total. Other salaries and wages came to $87k. At year end it held assets of $1.7m against liabilities of $6,265, net assets of $1.7m. It reported 1 employees.