Caregiver Companion Inc

Analysis

Caregiver Companion Inc is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in February 2022, 4 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 2024, Caregiver Companion Inc reported income of $103k and spending of $160k, spending 156% of what it took in. Across the 3 years on record, from June 2020 to June 2024, income fell from $281k to $103k (-63%), an average of -40% a year. The sharpest change came in the year to June 2024, when income dropped by 45%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Caregiver Companion Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within IN. Charities of a similar size with the same main cause include Best Friends Inc ($103k), Re-Entry Rocks ($103k) and Mission Life Inc ($103k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.