Carter Plains Foundation Inc

Analysis

Carter Plains Foundation Inc is a registered charity in United States, based in Plains, GA. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Carter Plains Foundation Inc reported income of $62k and spending of $121k, spending 195% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $473k to $62k (-87%), an average of -64% a year. The sharpest change came in the year to December 2022, when income dropped by 75%. Over the whole period it spent 60% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Carter Plains Foundation Inc sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within GA. Charities of a similar size with the same main cause include Allies Homes Inc ($62k), Hickory Haven Inc ($62k) and Monroe Manor Corporation ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $259k against liabilities of $0, net assets of $259k.