Capracare Inc

Analysis

Capracare Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2022, Capracare Inc reported income of $233k and spending of $350k, spending 151% of what it took in. Across the 2 years on record, from September 2021 to September 2022, income fell from $315k to $233k (-26%), an average of -26% a year. The sharpest change came in the year to September 2022, when income dropped by 26%. Over the whole period it spent 95% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Capracare Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Pine Ridge Volunteer Fire Department Incorporated ($233k), Millbrook Engine & Hook & Ladde Company 1 ($233k) and Reynolds Store Volunteer Fire Company ($232k).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $8,500 (2.4% of expenses). At year end it held assets of $123k against liabilities of $0, net assets of $123k. It reported 1 employees.