Improvecarenow Inc

Analysis

Improvecarenow Inc is a registered charity in United States, based in Essex, VT. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover medical research, 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, Improvecarenow Inc reported income of $2.9m and spending of $3.1m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $2.9m (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Improvecarenow Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within VT. Charities of a similar size with the same main cause include Texoma Regional Blood Center ($2.9m), Alcoholic Rehabilitation Assn of S F Inc ($2.9m) and Crossings Community Clinic Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $151k (4.9% of expenses). Other salaries and wages came to $83k. At year end it held assets of $896k against liabilities of $236k, net assets of $660k. It reported 3 employees.