Care and Share Incorporated of Erie County

Analysis

Care and Share Incorporated of Erie County is a registered charity in United States, based in Sandusky, OH. It received its IRS tax-exemption ruling in June 1981, 45 years ago. 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, Care and Share Incorporated of Erie County reported income of $271k and spending of $324k, spending 120% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $136k to $271k (+99%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 48%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Care and Share Incorporated of Erie County sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Fennimore Rural Fire Department Inc ($271k), Chickasha Public School Foundation ($271k) and Little League Baseball Inc ($271k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $35k (11% of expenses). Other salaries and wages came to $26k. At year end it held assets of $542k against liabilities of $1,163, net assets of $541k. It reported 3 employees.