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Filing year 2024

THE CARTER FOUNDATION

Meridian, Mississippi·EIN 47-1894997·NTEE O51 · Youth Development·501(c)(3)
Total revenue
$12k
Total assets
$148k
Total expenses
$80k
Reported officers
1
Mission

INSPIRING THE YOUTH AND BRINGING UNITY TO THE COMMUNITIES OF MISSISSIPPI

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Youth Development organizations nationwide.

CEO
25th percentile to median
$47k
$50k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Youth Development

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE CARTER FOUNDATION equaled 59% of the organization's total expenses. The median for youth development organizations is 11%.

This organization (2024)
59%
Sector median
11%
Middle half of sector
5% to 21%

Based on 5,229 youth development organizations, each measured at its most recent filing year with reported expenses and compensation.

Fell 22%
over 2 years

From $60k in 2022 to $47k in 2024.

$60k
2022
$60k
2023
$47k
2024
In today's dollarsEst.
Down 27% in real terms$68k to $50k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 22% from 2022 to 2024.

$60k in 2022 to $47k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

THE CARTER FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$7k
$119k
2023
$12k
$80k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Youth Development executives earn

Comparable youth development organizations nationwide pay their highest-earning executive a median of $70,000.

25th percentile
$31k
Median
$70,000
75th percentile
$120k
90th percentile
$186k

These are youth development sector-wide figures, not this organization's reported pay. Based on 5,237 organizations across 5,237 filings (2020 – 2024).

See full Youth Development compensation data
FAQ

Common questions about THE CARTER FOUNDATION

What does the Chief Executive Officer of THE CARTER FOUNDATION earn?

In 2024, the Chief Executive Officer of THE CARTER FOUNDATION received $46,923 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Youth Development organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE CARTER FOUNDATION compare with similar nonprofits?

Compared with the same role at Youth Development organizations nationwide, the 2024 pay of the Chief Executive Officer at THE CARTER FOUNDATION falls between the 25th percentile and the median. In 2024, the highest total compensation at THE CARTER FOUNDATION equaled 59% of the organization's total expenses. The median for youth development organizations is 11%.

What are THE CARTER FOUNDATION's revenue and expenses?

In 2024, THE CARTER FOUNDATION reported $12k in total revenue and $80k in total expenses on its IRS Form 990.

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