Carriage House of Summit County Inc

Analysis

Carriage House of Summit County Inc is a registered charity in United States, based in Breckenridge, CO. It received its IRS tax-exemption ruling in May 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Carriage House of Summit County Inc reported income of $1.3m and spending of $1.3m, spending 98% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $691k to $1.3m (+95%), an average of +14% a year. The sharpest change came in the year to December 2019, when income rose by 88%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Carriage House of Summit County Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within CO. Charities of a similar size with the same main cause include Coastal Kids Preschool ($1.3m), Hamilton County Coalition ($1.3m) and Limon Child Development Center ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $94k (7.1% of expenses). Other salaries and wages came to $842k. At year end it held assets of $1.4m against liabilities of $63k, net assets of $1.4m. It reported 32 employees.