Caring Families Pregnancy Services Inc

Analysis

Caring Families Pregnancy Services Inc is a registered charity in United States, based in Willimantic, CT. It received its IRS tax-exemption ruling in May 1989, 37 years ago. 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, Caring Families Pregnancy Services Inc reported income of $275k and spending of $343k, spending 125% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $220k to $275k (+25%), an average of +4.6% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Caring Families Pregnancy Services Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within CT. Charities of a similar size with the same main cause include New England League of Middle School ($275k), Oak Hill Christian Service Camp ($275k) and Maryland Vietnamese Mutual Association Inc ($275k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $61k (18% of expenses). Other salaries and wages came to $103k. At year end it held assets of $429k against liabilities of $162k, net assets of $267k. It reported 5 employees.