Caring Together Inc

Analysis

Caring Together Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Caring Together Inc reported income of $69k and spending of $70k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $69k (+3.4%), an average of +3.4% a year. Over the whole period it spent 114% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Caring Together Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Armenian American Medical Assoc Inc ($69k), Mercy Hospital Ada Auxiliary ($69k) and Oregon Nurses Foundation ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $107k against liabilities of $0, net assets of $107k.