New Caring & Sharing

Analysis

New Caring & Sharing is a registered charity in United States, based in Salida, CO. It received its IRS tax-exemption ruling in October 2004, 22 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, New Caring & Sharing reported income of $297k and spending of $316k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $360k to $297k (-17%), an average of -4.7% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Caring & Sharing sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 58th percentile within CO. Charities of a similar size with the same main cause include Oregon Technology Business Center ($297k), Newbirth Outreach Center Inc ($297k) and American Military Encouragement Network ($297k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.8% and program service revenue 90% of the total. Other salaries and wages came to $166k. At year end it held assets of $922k against liabilities of $476k, net assets of $446k. It reported 23 employees.