Ipswich Caring Inc

Analysis

Ipswich Caring Inc is a registered charity in United States, based in Ipswich, MA. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Ipswich Caring Inc reported income of $123k and spending of $153k, spending 124% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $122k to $123k (+0.1%), an average of +0.1% a year. Over the whole period it spent 121% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ipswich Caring Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within MA. Charities of a similar size with the same main cause include Discovering Horizons ($123k), Pulaski County Council on Aging Foundation ($123k) and Belleville After School Program ($123k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.