Mobile C a R E Foundation

Analysis

Mobile C a R E Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1998, 28 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 2023, Mobile C a R E Foundation reported income of $4.1m and spending of $3.3m, spending 81% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $2.3m to $4.1m (+74%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 44%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mobile C a R E Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include Equicenter Inc ($4.1m), Mid Coast Medical Clinic ($4.1m) and Wayne County Healthy Communities ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $88k (2.7% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $2.5m against liabilities of $815k, net assets of $1.7m. It reported 41 employees.