Care Plus Workforce Solutions Inc

Analysis

Care Plus Workforce Solutions Inc is a registered charity in United States, based in Paramus, NJ. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Care Plus Workforce Solutions Inc reported income of $5.3m and spending of $5.3m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.4m to $5.3m (-28%), an average of -7.8% a year. The sharpest change came in the year to June 2021, when income dropped by 34%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Care Plus Workforce Solutions Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Smyal Inc ($5.3m), Project Rescue Foundation ($5.3m) and Aitkin Health Services ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $228k. At year end it held assets of $3.1m against liabilities of $716k, net assets of $2.4m. It reported 26 employees.