Casa of Caroline Inc

Analysis

Casa of Caroline Inc is a registered charity in United States, based in Denton, MD. It received its IRS tax-exemption ruling in January 2005, 21 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, Casa of Caroline Inc reported income of $176k and spending of $164k, spending 93% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $213k to $176k (-17%), an average of -17% a year. The sharpest change came in the year to June 2023, when income dropped by 17%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Casa of Caroline Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within MD. Charities of a similar size with the same main cause include Hillcrest Foundation for Enhancing Lives ($176k), Theatre Adventure Inc ($176k) and United St Frances Foundation ($176k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $91k. At year end it held assets of $200k against liabilities of $14, net assets of $200k. It reported 3 employees.