Search and Care Inc

Analysis

Search and Care Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Search and Care Inc reported income of $1.8m and spending of $2.2m, spending 122% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.8m to $1.8m (+3.4%), an average of +1.1% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Search and Care Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Council of Senior Citizens of Gilmer County Inc ($1.8m), Central Michigan Non-Profit Housing Corporation ($1.8m) and Cove Communities Senior Association ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 9.3% of the total. Compensation of current officers, directors and key employees was $219k (9.9% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $7.3m against liabilities of $1.8m, net assets of $5.5m. It reported 30 employees.