The Caring Community Foundation Inc

Analysis

The Caring Community Foundation Inc is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in September 2003, 23 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, The Caring Community Foundation Inc reported income of $316k and spending of $177k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $306k to $316k (+3.4%), an average of +0.8% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Caring Community Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within NC. Charities of a similar size with the same main cause include Wellness House Foundation Inc ($316k), Move for Jenn Foundation ($316k) and Emotions Matter Inc ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $94k (53% of expenses). At year end it held assets of $224k against liabilities of $139, net assets of $224k. It reported 1 employees.