Caremessage
Analysis
Caremessage is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Caremessage reported income of $9.0m and spending of $10.0m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.2m to $9.0m (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2020, when income rose by 38%. Over the whole period it spent 104% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Caremessage sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Watershed Research and Training Center ($9.0m), Great Lakes Academy Inc ($9.0m) and Knowledge Enlightens You ($9.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $1.9m (19% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $5.8m against liabilities of $2.6m, net assets of $3.2m. It reported 35 employees.
Income and spending
Where the income comes from
- Contributions & grants 32%
- Program services 67%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Watershed Research and Training Center | Hayfork | $9.0m |
| Great Lakes Academy Inc | Chicago | $9.0m |
| Knowledge Enlightens You | Dublin | $9.0m |
| Oklahoma Partnership for School Readiness Foundation Inc | Oklahoma City | $9.0m |