Carha Inc

Analysis

Carha Inc is a registered charity in United States, based in Port St Lucie, FL. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Carha Inc reported income of $384k and spending of $431k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $327k to $384k (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 107% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Carha Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Outreach for World Hope Inc ($384k), Caribbean Medical and Humanitarian Relief Corp ($384k) and Franco-American Benevolent Society Inc ($384k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $28k (6.4% of expenses). At year end it held assets of $20k against liabilities of $142k, net assets of -$122k. It reported 1 employees.