Care-A-Van Services

Analysis

Care-A-Van Services is a registered charity in United States, based in Hobbs, NM. It received its IRS tax-exemption ruling in June 2006, 20 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 December 2023, Care-A-Van Services reported income of $581k and spending of $581k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $619k to $581k (-6.1%), an average of -1.6% a year. The sharpest change came in the year to December 2021, when income rose by 145%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Care-A-Van Services sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within NM. Charities of a similar size with the same main cause include Mulliganeers Inc ($581k), Placerville Pre Schoolers Inc ($581k) and Life on Wheels ($581k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $64k (11% of expenses). At year end it held assets of $6,442 against liabilities of $0, net assets of $6,442.