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Carmel Hills Inc

Charlotte, North Carolina · EIN 58-1307937 · Housing & Shelter · tax-exempt since 1978

A

Charity Clarity grade A (score 83.5 of 100), based on the Form 990 for the year ended April 2026.

Graded against 16,270 housing & shelter nonprofits with revenue $2M–$10M filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.3.2 months100
GovernanceBoard independence, key policies and audit, per the 990.91% of practices91
Margin stabilityHow steady the surplus or deficit is year to year.54
Revenue spreadHow much revenue rests on one type of income.4% from one source68
Filing recordOn-time, complete filings, year after year.100%100
Program spendingSelf-reported by the filer.99.3%not scored
Management costsShare of spending.0.7%not scored
Cost to raise $1Fundraising cost per dollar given.$0.00not scored

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

20162017201820192020202120222023202420252026grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Apr 2026Form 990$3.91M$3.70M$209K$986K3.268A
Apr 2025Form 990$3.78M$3.87M−$97K$734K2.377B
Apr 2024Form 990$3.99M$3.72M$269K$831K2.774B
Apr 2023Form 990$3.55M$3.81M−$260K$561K1.870B
Apr 2022Form 990$3.39M$3.43M−$39K$821K2.961A
Apr 2021Form 990$3.12M$3.12M−$3,814$863K3.354A
Apr 2020Form 990$3.08M$2.97M$110K$867K3.560A
Apr 2019Form 990$2.81M$2.92M−$112K$757K3.152A
Apr 2018Form 990$2.88M$2.78M$104K$851K3.759A
Apr 2017Form 990$2.83M$2.61M$228K$732K3.469A
Apr 2016Form 990$2.85M$2.53M$316K$491K2.354A

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

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