Carver Center

Analysis

Carver Center is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in August 2019, 7 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Carver Center reported income of $245k and spending of $266k, spending 109% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $235k to $245k (+4.2%), an average of +4.2% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carver Center sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Payette County Senior Citizens Inc ($245k), College Area Swim Association ($245k) and Quarterback Club of Celina Texas ($245k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $115k (43% of expenses). At year end it held assets of $63k against liabilities of $4,386, net assets of $58k. It reported 1 employees.