C a R E Initiative Inc

Analysis

C a R E Initiative Inc is a registered charity in United States, based in Springdale, AR. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, C a R E Initiative Inc reported income of $64k and spending of $65k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $64k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 143% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, C a R E Initiative Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within AR. Charities of a similar size with the same main cause include Zzak G Applaud Our Kids Foundation Inc ($64k), Anthony Quinn Foundation ($64k) and Community RX Help ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $28k against liabilities of $125, net assets of $28k.