House of the Carpenter Inc.

Overview

House of the Carpenter Inc. is a 501(c)(3) nonprofit organization based in Wheeling, West Virginia. It operates under the categories of Human Services — Multipurpose and Other, aligning with the National Taxonomy of Exempt Entities (NTEE) classification[1]. The organization is recognized for its charitable activities, with donations being tax-deductible.

Mission and Activities

The mission of the House of the Carpenter Inc. is to provide food, clothing, and spiritual support to individuals in need within the Wheeling area[2]. This focus reflects its commitment to addressing essential needs and offering support for those who are less fortunate.

Financial Overview

As reported in its financial filings, House of the Carpenter Inc. derives a significant portion of its revenue from contributions, which account for approximately 63.4% of its total revenue[1]. Other revenue sources include program services, investment income, and rental property income. The organization's total assets are valued at over $3 million, while liabilities remain minimal[1].

Ratings and Recognition

House of the Carpenter Inc. has earned a 4-star rating from Charity Navigator[3]. This rating reflects the organization's strong financial management and commitment to transparency, which are essential for maintaining public trust and ensuring the efficient use of donated funds.

Compliance and Governance

As a registered nonprofit, the House of the Carpenter Inc. files annual Form 990 returns with the IRS, providing detailed information on its financial activities, governance, and compliance with nonprofit regulations[2]. This transparency is in line with expectations for organizations seeking to maintain their tax-exempt status.

[1] https://projects.propublica.org/nonprofits/organizations/550751892 [2] https://projects.propublica.org/nonprofits/organizations/550751892/202211179349300626/full [3] https://www.charitynavigator.org/ein/550751892 [4] https://givefreely.com/charity-directory/nonprofit/ein-550751892/