Co-Care Inc

Analysis

Co-Care Inc is a registered charity in United States, based in Green Bay, WI. It received its IRS tax-exemption ruling in July 1976, 50 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Co-Care Inc reported income of $758k and spending of $635k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $724k to $758k (+4.8%), an average of +1.2% a year. Over the whole period it spent 82% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Co-Care Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within WI. Charities of a similar size with the same main cause include Causa Community Development Inc ($758k), Burchacon Housing Inc ($759k) and Abilene Hope Haven Inc ($758k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 101% of the total. Compensation of current officers, directors and key employees was $67k (11% of expenses). Other salaries and wages came to $173k. At year end it held assets of $783k against liabilities of $182k, net assets of $601k. It reported 11 employees.