Caring House Incorporated

Analysis

Caring House Incorporated is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in January 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 House Incorporated reported income of $1.1m and spending of $978k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $470k to $1.1m (+129%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 96%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Caring House Incorporated sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Carl Sandburg College Foundation ($1.1m), Reach Parent Foundation ($1.1m) and Lucky Lane Nursery School Association ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 33% of the total. At year end it held assets of $1.7m against liabilities of $206, net assets of $1.7m. It reported 17 employees.