Intecare Inc

Analysis

Intecare Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Intecare Inc reported income of $5.7m and spending of $5.3m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $72.5m to $5.7m (-92%), an average of -47% a year. The sharpest change came in the year to June 2021, when income dropped by 93%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Intecare Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include Carepoint Health Foundation Inc ($5.7m), Christus Spohn Health System Development Foundation ($5.7m) and Clara Baldwin Stocker Home for Women ($5.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $171k (3.2% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $39.0m against liabilities of $36.6m, net assets of $2.4m. It reported 25 employees.