Overview

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Est.

1967

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

CARC INC is a nonprofit focused on supportive housing, with a mission to provide comprehensive services for people with special needs so they can be active citizens, feel accepted, and find meaning in life. For filing year 2024, it reported an operating budget of $14.5M and total revenue of $13.5M, with funding led by THE FORREST FAMILY FOUNDATION C/O CNB BANK, GOD'S LIGHT IN THE DARKNESS FOUNDATION, NETWORK FOR GOOD, TLC FOUNDATION FROM THE HEART, and GIFTS FROM GOD FOUNDATION; no single funder accounted for 50% or more of revenue based on the information provided.

Mission Statement

TO PROVIDE COMPREHENSIVE SERVICES FOR PEOPLE WITH SPECIAL NEEDS THAT ENABLE THEM TO BE ACTIVE CITIZENS, FEEL ACCEPTED AND FIND MEANING IN LIFE.
Revenues
$13.5M
Expenses
$14.5M
Net Income:
-$975.5K
Assets
$11.9M
Liabilities
$2.5M
Net Assets:
+$9.3M
Operating Budget
$14.5M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
4
Median grant size
$8.8K
Largest grant received
$21K
M
Mark Schinnerer
Board Member
D
DR Ned Elkins
Board Member
R
Robert Bowen
Board Member
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  • 13 funders
  • 16 board & team members
  • 10 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is CARC INC’s budget?
In 2024, CARC INC reported an annual operating budget of around $14.5 million. More detailed financial information is available to registered users.
What causes does CARC INC support?
CARC INC supports work in Supportive housing.
Where does CARC INC operate?
CARC INC is headquartered in CARLSBAD, NM.
Who funded CARC INC recently?
In 2025, CARC INC received grants from RAYMOND JAMES CHARITABLE ENDOWMENT FUND, NETWORK FOR GOOD, and Carlsbad Community Foundation Inc. More information on this organization’s funders is available to registered users.
What is the largest grant CARC INC received in 2024?
The largest grant to CARC INC in 2024 exceeds $21 thousand.