Caring in Our Lifetime

Analysis

Caring in Our Lifetime is a registered charity in United States, based in Myrtle Beach, SC. It received its IRS tax-exemption ruling in January 2008, 18 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Caring in Our Lifetime reported income of $50k and spending of $28k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $63k to $50k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 44% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Caring in Our Lifetime sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 25th percentile within SC. Charities of a similar size with the same main cause include Hope and Glory Foundation Inc ($50k), Constance Foundation Inc ($50k) and People S Club of Nigeria International Inland Empire ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $380k against liabilities of $0, net assets of $380k.