I made over this recipe myself. It was my first try at cutting fat and it turned out really well. I hope somebody can use this.

Jen's Fat-Free and Fabulous Carrot Cake

1 1/2 cups applesauce
one cup sugar
egg whites equal to 4 whole eggs
2 cups flour
2 tsp baking soda
1 tsp salt
2 tsp cinnamon
3 cups carrots, grated

Cream applesauce and sugar. Mix in eggs. Add dry
ingredients, mix well. Fold in carrots.

Bake in 2 round layer pans at 325 degrees. Start
checking at 35 minutes.

Cream Cheese Icing

1 package neufatchel cheese
1/2 stick light margarine
2 tsp vanilla
1 box powdered sugar

Mix all ingredients. This makes enough to cover the whole cake well so you don't have to skimp in the middle.