Care 2 Communities Inc

Analysis

Care 2 Communities Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Care 2 Communities Inc reported income of $2.3m and spending of $1.4m, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.3m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Care 2 Communities Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Casey Cares Foundation Inc ($2.3m), The Hyde Collection Trust ($2.3m) and Tacoma Musical Playhouse ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Other salaries and wages came to $553k. At year end it held assets of $1.5m against liabilities of $63k, net assets of $1.4m. It reported 3 employees.