Bears Care

Analysis

Bears Care is a registered charity in United States, based in Lake Forest, IL. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Bears Care reported income of $2.6m and spending of $2.7m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $2.6m (+8.4%), an average of +2.0% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bears Care sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Uplift Charity Corporation ($2.6m), Jewish Federation of Greater St Paul ($2.6m) and Jewish Endowment Foundation of South Carolina ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.