Carolina Childrens Home
EIN: 570314368 · Columbia, SC · NTEE: P70
| Metric | Value |
|---|---|
| Total Revenue | $347K |
| Total Expenses | $371K |
| Net Assets | $5.1M |
Is Carolina Childrens Home Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Carolina Childrens Home
Carolina Childrens Home (EIN: 570314368) is a nonprofit organization based in Columbia, SC, classified under NTEE code P70. The organization reported total revenue of $347K and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carolina Childrens Home's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carolina Childrens Home is a small nonprofit that has been operating for 79 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -22.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $182K |
| Total Expenses | $371K |
| Surplus / Deficit | $-189,274 |
| Total Assets | $5.1M |
| Total Liabilities | $20K |
| Net Assets | $5.1M |
| Operating Margin | -104.0% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 164.5 months |
Financial Health Grade: B
In 2023, Carolina Childrens Home reported a deficit of $189K with expenses exceeding revenue, holds 164.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Carolina Childrens Home's revenue has declined at a compound annual growth rate (CAGR) of -22.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.2% | +11.8% | +5.4% |
| 2022 | -76.4% | +24.5% | -22.0% |
| 2021 | +104.8% | +8.2% | +9.1% |
| 2020 | +15.2% | +12.3% | +6.3% |
| 2019 | +3.5% | +4.9% | +1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1947 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Carolina Childrens Home has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Carolina Childrens Home with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $189K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Carolina Childrens Home
Is Carolina Childrens Home a legitimate charity?
Carolina Childrens Home (EIN: 570314368) is a registered tax-exempt nonprofit based in South Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $347K. No red flags identified. Financial health grade: B.
How does Carolina Childrens Home spend its money?
Carolina Childrens Home reported $347K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Carolina Childrens Home tax-deductible?
Carolina Childrens Home is registered as a tax-exempt nonprofit (EIN: 570314368). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Carolina Childrens Home located?
Carolina Childrens Home is headquartered in Columbia, South Carolina and files with the IRS under EIN 570314368. It is classified under NTEE code P70.
How many years of IRS 990 filings does Carolina Childrens Home have?
Carolina Childrens Home has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $347K in total revenue.
Filing History
IRS 990 filing history for Carolina Childrens Home showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Carolina Childrens Home's revenue has declined by 95%, moving from $3.7M to $182K. Total assets decreased by 56.9% over the same period, from $11.8M to $5.1M. Total functional expenses fell by 91.5%, from $4.4M to $371K. In its most recent filing year (2023), Carolina Childrens Home reported a deficit of $189K, with expenses exceeding revenue. The organization holds $20K in liabilities against $5.1M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $5.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $182K | $371K | $5.1M | $20K | — | — |
| 2022 | $186K | $332K | $4.8M | $1K | — | View 990 |
| 2021 | $790K | $267K | $6.2M | $860 | — | View 990 |
| 2020 | $386K | $246K | $5.7M | $2K | — | View 990 |
| 2019 | $335K | $219K | $5.3M | $3K | — | View 990 |
| 2018 | $324K | $209K | $5.2M | $1K | — | View 990 |
| 2017 | $1.4M | $387K | $5.1M | $2K | — | View 990 |
| 2016 | $1.9M | $739K | $4.0M | $5K | — | View 990 |
| 2015 | $1.8M | $4.3M | $5.9M | $3.0M | — | View 990 |
| 2014 | $5.4M | $4.9M | $8.7M | $3.3M | — | View 990 |
| 2013 | $3.6M | $5.2M | $10.0M | $3.6M | — | View 990 |
| 2012 | $3.6M | $4.2M | $11.4M | $3.8M | — | View 990 |
| 2011 | $3.7M | $4.4M | $11.8M | $3.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $182K, expenses of $371K, and assets of $5.1M (revenue -2.2% year-over-year).
- 2022: Revenue of $186K, expenses of $332K, and assets of $4.8M (revenue -76.4% year-over-year).
- 2021: Revenue of $790K, expenses of $267K, and assets of $6.2M (revenue +104.8% year-over-year).
- 2020: Revenue of $386K, expenses of $246K, and assets of $5.7M (revenue +15.2% year-over-year).
- 2019: Revenue of $335K, expenses of $219K, and assets of $5.3M (revenue +3.5% year-over-year).
- 2018: Revenue of $324K, expenses of $209K, and assets of $5.2M (revenue -76.7% year-over-year).
- 2017: Revenue of $1.4M, expenses of $387K, and assets of $5.1M (revenue -26.8% year-over-year).
- 2016: Revenue of $1.9M, expenses of $739K, and assets of $4.0M (revenue +2.5% year-over-year).
- 2015: Revenue of $1.8M, expenses of $4.3M, and assets of $5.9M (revenue -65.7% year-over-year).
- 2014: Revenue of $5.4M, expenses of $4.9M, and assets of $8.7M (revenue +51.1% year-over-year).
- 2013: Revenue of $3.6M, expenses of $5.2M, and assets of $10.0M (revenue -0.9% year-over-year).
- 2012: Revenue of $3.6M, expenses of $4.2M, and assets of $11.4M (revenue -1.4% year-over-year).
- 2011: Revenue of $3.7M, expenses of $4.4M, and assets of $11.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carolina Childrens Home:
Data Sources and Methodology
This transparency report for Carolina Childrens Home is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.