Care Alliance

Analysis

Care Alliance is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in May 1998, 28 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 October 2023, Care Alliance reported income of $13.7m and spending of $12.6m, spending 92% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $12.8m to $13.7m (+7.3%), an average of +1.8% a year. The sharpest change came in the year to October 2022, when income rose by 39%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Care Alliance sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within OH. Charities of a similar size with the same main cause include Housing Forward ($13.7m), Futures Community Support Services Inc ($13.7m) and Healthy Start Coalition of Hillsborough County Inc ($13.7m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 49% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $619k (4.9% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $13.9m against liabilities of $1.6m, net assets of $12.3m. It reported 132 employees.