The C a R E Center
Analysis
The C a R E Center is a registered charity in United States, based in New Hope, AL. It received its IRS tax-exemption ruling in January 2001, 25 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 December 2023, The C a R E Center reported income of $2.1m and spending of $2.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.1m (+88%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 91% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, The C a R E Center sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 90th percentile within AL. Charities of a similar size with the same main cause include Academy Child Development Center Inc ($2.1m), Families First Parenting Programs Inc ($2.1m) and Tacoma Teachers Home Association ($2.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 35% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $1.3m against liabilities of $104k, net assets of $1.2m. It reported 165 employees.
Income and spending
Where the income comes from
- Contributions & grants 23%
- Program services 35%
- Other 42%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Academy Child Development Center Inc | Gaithersburg | $2.1m |
| Families First Parenting Programs Inc | Watertown | $2.1m |
| Tacoma Teachers Home Association | Tacoma | $2.1m |
| Damiano of Duluth Inc | Duluth | $2.1m |