Caring Hearts Pregnancy Center of Alexander County Inc

Analysis

Caring Hearts Pregnancy Center of Alexander County Inc is a registered charity in United States, based in Taylorsville, NC. It received its IRS tax-exemption ruling in July 2005, 21 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, Caring Hearts Pregnancy Center of Alexander County Inc reported income of $194k and spending of $210k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $197k to $194k (-1.5%), an average of -1.5% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Caring Hearts Pregnancy Center of Alexander County 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 53rd percentile, and in the 51st percentile within NC. Charities of a similar size with the same main cause include For Life Ministries Inc ($194k), Whoo Upscale Resale Fo a Cause ($194k) and Community Organized & Operated Latchkey -C O O L- Inc ($194k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $46k (22% of expenses). Other salaries and wages came to $57k. At year end it held assets of $47k against liabilities of $0, net assets of $47k. It reported 5 employees.