Startcare Inc

Analysis

Startcare Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Startcare Inc reported income of $16.1m and spending of $17.7m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income fell from $34.9m to $16.1m (-54%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Startcare Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include American Academy of Allergy ($16.1m), Careteam Plus Inc ($16.1m) and Plaza Nursing Home Company Inc ($16.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $1.4m (8.0% of expenses). Other salaries and wages came to $8.4m. At year end it held assets of $50.6m against liabilities of $18.8m, net assets of $31.8m.