Carelink Foundation Inc

Analysis

Carelink Foundation Inc is a registered charity in United States, based in Naperville, IL. It received its IRS tax-exemption ruling in April 2001, 25 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 December 2023, Carelink Foundation Inc reported income of $198k and spending of $243k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $195k to $198k (+1.3%), an average of +1.3% a year. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Carelink Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within IL. Charities of a similar size with the same main cause include American Friends for the Hebron Heritage Center ($198k), Williamson County Homeless Alliance ($198k) and Diaper Bank of Minnesota ($198k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.