Carters Compassionate Transitional Supportive Housing

Analysis

Carters Compassionate Transitional Supportive Housing is a registered charity in United States, based in Brandon, MS. It received its IRS tax-exemption ruling in September 2019, 7 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Carters Compassionate Transitional Supportive Housing reported income of $187k and spending of $149k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $361k to $187k (-48%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 82% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Carters Compassionate Transitional Supportive Housing sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within MS. Charities of a similar size with the same main cause include King of Kings Housing Development Corporation II ($187k), Windsor Place Housing Inc ($187k) and Vip RJP Housing Development Fund Corporation ($187k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.3% of the total. At year end it held assets of $288k against liabilities of $171k, net assets of $117k.