Mount Carmel Scouters Inc
Analysis
Mount Carmel Scouters Inc is a registered charity in United States, based in Westfield, IN. It received its IRS tax-exemption ruling in January 2024, 2 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Mount Carmel Scouters Inc reported income of $87k and spending of $82k, spending 94% of its income. Across the 2 years on record, from February 2023 to December 2023, income grew from $67k to $87k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 97% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Mount Carmel Scouters Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within IN. Charities of a similar size with the same main cause include Kamos Kids Inc ($87k), American Friends of Menifa Inc ($87k) and Palmyra Area Minor Hockey Association ($87k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $38k against liabilities of $32k, net assets of $5,527.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kamos Kids Inc | Hot Springs | $87k |
| American Friends of Menifa Inc | New York | $87k |
| Palmyra Area Minor Hockey Association | Annville | $87k |
| West Henrietta Fire Department Inc | West Henrietta | $87k |