The Care Collaborative Inc

Analysis

The Care Collaborative Inc is a registered charity in United States, based in S Deerfield, MA. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Care Collaborative Inc reported income of $230k and spending of $218k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $182k to $230k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Care Collaborative Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include New Hope Celebrates Inc ($230k), Black River Environmental Improvement Association Inc ($230k) and Encouragement for Life ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $25k (11% of expenses). Other salaries and wages came to $99k. At year end it held assets of $35k against liabilities of $53k, net assets of -$18k. It reported 5 employees.