Providence Place Carthage I Inc
Only null% goes to programs Thin reserves Growing revenue
Providence Place Carthage I Inc is a 501(c)(3) organization based in Southern Pnes, North Carolina, registered in 2011, with $178,702 in FY2024 revenue. CharityIndex grades it F.
100 Gossman Rd Ste B, Southern Pnes, NC, 28387 EIN 30-0649544 Since 2011
Revenue (FY2024)
$179K
▲ 18.3% vs prior year
Housing median: $408K
Expenses (FY2024)
$284K
Net assets
-$882K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Providence Place Carthage I Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -59% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Providence Place Carthage I Inc: 0 mo reserves · -59% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Providence Place Carthage I Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Providence Place Carthage I Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 100 Gossman Rd Ste B, Southern Pnes, NC, 28387
- City
- Southern Pnes
- State
- North Carolina
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue grew from $84K (FY2013) to $179K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.8MNet assets -$882K
Operating margin
-59.1%
Spent more than it raised in the latest fiscal year.
Total assets
$1.9M
Total liabilities
$2.8M
Net assets
-$882K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $178,702▲18.3% | $284,242▲35.2% | -$882,175▼13.6% | $1,886,750▼4.0% | 990 |
| 2023 | $151,029▲17.7% | $210,193▲5.4% | -$776,635▼8.2% | $1,966,262▼2.9% | 990 |
| 2022 | $128,314▲5.5% | $199,508▲3.8% | -$717,471▼11.0% | $2,025,469▼3.0% | 990 |
| 2021 | $121,599▲1.5% | $192,257▼0.6% | -$646,277▼12.3% | $2,088,689▼3.4% | 990 |
| 2020 | $119,805▲0.7% | $193,463▲2.9% | -$575,619▼14.7% | $2,161,759▼3.2% | 990 |
| 2019 | $118,944▼2.3% | $188,043▼7.4% | -$501,961▼16.0% | $2,232,312▼3.5% | 990 |
| 2018 | $121,738▲1.6% | $203,037▲14.6% | -$432,862▼23.1% | $2,312,177▼3.1% | 990 |
| 2017 | $119,828▲7.9% | $177,095▼0.9% | -$351,563▼20.2% | $2,387,246▼2.6% | 990 |
| 2016 | $111,105▲3.0% | $178,651▼4.1% | -$292,488▼30.0% | $2,450,568▼2.9% | 990 |
| 2015 | $107,896▼58.6% | $186,375▲8.1% | -$224,942▼53.6% | $2,522,899▼2.9% | 990 |
| 2014 | $260,373▲211% | $172,467▲1.5% | -$146,463▲37.5% | $2,596,917▼2.8% | 990 |
| 2013 | $83,800 | $169,990 | -$234,369 | $2,671,882 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Providence Place Carthage I Inc a legitimate nonprofit?
- Yes. Providence Place Carthage I Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 30-0649544, based in Southern Pnes, North Carolina. Donations are tax-deductible.
- What is Providence Place Carthage I Inc's EIN?
- Providence Place Carthage I Inc's Employer Identification Number (EIN) is 30-0649544.
- How much revenue does Providence Place Carthage I Inc report?
- Providence Place Carthage I Inc reported $178,702 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Providence Place Carthage I Inc have?
- CharityIndex grades Providence Place Carthage I Inc F, based on financial health (reserves and operating margin).
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Data for Providence Place Carthage I Inc (EIN 30-0649544) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.