Carolina Migrant Network Inc

Analysis

Carolina Migrant Network Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Carolina Migrant Network Inc reported income of $768k and spending of $364k, leaving 53% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $204k to $768k (+276%), an average of +94% a year. The sharpest change came in the year to December 2023, when income rose by 447%. Over the whole period it spent 69% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Carolina Migrant Network Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Cameron County Children Advocacy Centers Inc ($768k), North Carolina Center on Actual Innocence ($769k) and Third District Guardian Ad Litem Program Inc ($767k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $137k (38% of expenses). Other salaries and wages came to $98k. At year end it held assets of $726k against liabilities of $10k, net assets of $716k. It reported 6 employees.