Takecare Relief Fund Inc

Analysis

Takecare Relief Fund Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Takecare Relief Fund Inc reported income of $1.5m and spending of $2.4m, spending 161% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $1.5m (-33%), an average of -9.5% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 138% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Takecare Relief Fund Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MD. Charities of a similar size with the same main cause include McConnellsburg Volunteer Fire Company No 1 Inc ($1.5m), Fire Department Safety Officers Association ($1.5m) and Lindale Volunteer Fire Department ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.5m against liabilities of $38k, net assets of $2.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.