Carepacks

Analysis

Carepacks is a registered charity in United States, based in Weymouth, MA. It received its IRS tax-exemption ruling in June 2005, 21 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, Carepacks reported income of $131k and spending of $54k, leaving 59% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $131k (+68%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carepacks sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 49th percentile within MA. Charities of a similar size with the same main cause include Joyful Noise Christian Preschool Inc ($131k), West Hartford Public Schools Foundation Inc ($131k) and Poor Clares of Perpetual Adoration Canton Ohio Foundation Inc ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $228k against liabilities of $0, net assets of $228k.