Care for Pastors Inc

Analysis

Care for Pastors Inc is a registered charity in United States, based in Leesburg, FL. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 for Pastors Inc reported income of $740k and spending of $902k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $693k to $740k (+6.8%), an average of +1.7% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Care for Pastors Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include The Upstream Collective ($740k), Care Net Womens Resource Center of North County ($741k) and West Blvd Ministry ($740k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $286k (32% of expenses). Other salaries and wages came to $374k. At year end it held assets of $783k against liabilities of $7,965, net assets of $775k. It reported 15 employees.