Carpe Diem Semper Incorporated

Analysis

Carpe Diem Semper Incorporated is a registered charity in United States, based in Windsor Mill, MD. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Carpe Diem Semper Incorporated reported income of $4.9m and spending of $4.8m, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $591k to $4.9m (+724%), an average of +102% a year. The sharpest change came in the year to December 2021, when income rose by 592%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Carpe Diem Semper Incorporated sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MD. Charities of a similar size with the same main cause include Community Action Inc ($4.9m), Your Access Advocates Inc ($4.9m) and Young Mens Christian Association Somerville ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $210k (4.4% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $4.1m against liabilities of $2.7m, net assets of $1.4m. It reported 75 employees.