Carry on Foundation

Analysis

Carry on Foundation is a registered charity in United States, based in Provo, UT. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Carry on Foundation reported income of $290k and spending of $188k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $163k to $290k (+77%), an average of +77% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 64% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Carry on Foundation sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within UT. Charities of a similar size with the same main cause include Mojo Baseball ($290k), Anaheim Amateur Figure Skating Association Inc ($290k) and Carpinteria Skate Foundation Inc ($290k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.7% of the total. Compensation of current officers, directors and key employees was $23k (12% of expenses). Other salaries and wages came to $94k. It paid $14k in professional fundraising fees. At year end it held assets of $182k against liabilities of $12k, net assets of $171k. It reported 11 employees.