Carjan Corporation

Analysis

Carjan Corporation is a registered charity in United States, based in Henderson, TN. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Carjan Corporation reported income of $1.0m and spending of $969k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.3m to $1.0m (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. 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, Carjan Corporation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within TN. Charities of a similar size with the same main cause include Cafe Hope Inc ($1.0m), Childrens Center Inc ($1.0m) and Williamsburg Campus Child Care Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Other salaries and wages came to $620k. At year end it held assets of $409k against liabilities of $148k, net assets of $261k. It reported 39 employees.