Central Midwest Regional Council of Carpenters Cares Inc

Analysis

Central Midwest Regional Council of Carpenters Cares Inc is a registered charity in United States, based in Greenwood, IN. 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 (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, Central Midwest Regional Council of Carpenters Cares Inc reported income of $255k and spending of $178k, leaving 30% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $151k to $255k (+69%), an average of +69% a year. The sharpest change came in the year to June 2023, when income rose by 69%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Central Midwest Regional Council of Carpenters Cares Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within IN. Charities of a similar size with the same main cause include Serving Older Adults Through Changing Times ($255k), Letters to Santa Charity ($255k) and King Ferry Food Pantry Inc ($255k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $136k against liabilities of $0, net assets of $136k.