Caring Network NFP

Analysis

Caring Network NFP is a registered charity in United States, based in Glen Ellyn, IL. It received its IRS tax-exemption ruling in January 1982, 44 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 (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, Caring Network NFP reported income of $4.6m and spending of $3.8m, spending 83% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.8m to $4.6m (+150%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Caring Network NFP sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Rural Health Access Corporation ($4.6m), Health Center Network of New York Inc ($4.6m) and Illinois Critical Access Hospital Network ($4.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $256k (6.7% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $5.9m against liabilities of $1.6m, net assets of $4.3m. It reported 45 employees.