North Carolina · Nonprofit
THE CARYING PLACE INC
THE CARYING PLACE INC (North Carolina) receives grants from 46 organizations whose IRS filings report $1,760,304 to it, the largest being THE BYRNE FOUNDATION INC ($280,100). 31 of them have funded it in more than one year.
- Revenue FY2025
- $5.8M
- Funders on record
- 46
- Grants received
- $1.8M
- Net assets
- $9.3M
What The Carying Place Inc does
Mission
Teaching homeless working families with children life skills for attaining independent living, while providing short-term housing and support services.
As stated on its FY2025 Form 990.
Program
The caring place's (tcp) 16-week life skills and short-term transitional housing program helps homeless, working families make the transition to adequate permanent housing and self-sufficiency. We serve about 36 families a year in our housing, with an average of 2 to 3 children per family. They live rent- and utility-free while in a tcp-owned property. Tcp is the only life skills training and short-term transitional housing program in cary and western wake county. Our program goal is to prepare families for post-program housing and to improve their ability to pay all of their necessary living expenses. Families are also encouraged to maintain savings for emergencies (e.g., medical care, car repairs). Just as important, families develop the plans and self-confidence needed to sustain their housing and new life skills long-term.our program staff matches trained adult support teams and caring sponsor volunteers with program participants to teach and celebrate progress in financial management, planning skills, and independent housing attainment. These volunteers meet with their families weekly and focus on budgeting, goal setting, resource linking, and time management. Participants…
$737,098 spent$13,372 earned by the program100% of program spending
The program described on its FY2025 Form 990. Program spending in total: $737,098.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $5.0M to $9.5M (+93%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 6% · 2018 4% · 2019 16% · 2020 6% · 2021 35% · 2022 23% · 2023 16% · 2024 28% · 2025 7%. Grants only. Government contracts and fees sit inside program revenue.
100% of THE CARYING PLACE INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (39% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Leslie Covington
Executive director
Board chair
W Kyle Greer
Board chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 8 funders to 17 funders, grant income rose $75k → $131k.
13 of 46 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 42% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of THE CARYING PLACE INC’s funders (the co-funder graph). Top 30 of 46 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
THE CARYING PLACE INC has a broad base — no single funder exceeds 16% of grant income, and it takes 7 funders to reach half.
the vertical line marks half of all grant income — 7 funders to its left
49% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE CARYING PLACE INC.
Largest funder’s share by year: 2017 40% · 2018 31% · 2019 39% · 2020 39% · 2021 25% · 2022 10% · 2023 11% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
61% of THE CARYING PLACE INC's funders are still giving 3 years after their first grant; 67% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
78% of THE CARYING PLACE INC's grant income comes from North Carolina funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $732k arriving through sponsors registered in 11 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
THE CARYING PLACE INC runs a healthier operating margin than three-quarters of the 2,196 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 2,196 housing & shelter nonprofits $1M–$10M, FY2025
Organizations like THE CARYING PLACE INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
75% of spending goes to programs.
Governance
Public support
95%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for THE CARYING PLACE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds THE CARYING PLACE INC?
- THE CARYING PLACE INC (North Carolina) receives grants from 46 organizations whose IRS filings report $1,760,304 to it, the largest being THE BYRNE FOUNDATION INC ($280,100). 31 of them have funded it in more than one year.
- How many funders does THE CARYING PLACE INC have?
- IRS filings report 46 organizations giving $1,760,304 in grants to THE CARYING PLACE INC, 31 of which have funded it in more than one year.
- Who is the largest funder of THE CARYING PLACE INC?
- THE BYRNE FOUNDATION INC is the largest funder on record, with $280,100 in grants. The full list of funders is on this page.
- How can an organization like THE CARYING PLACE INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Carying Place →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 46 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing