Carepossible Inc

Analysis

Carepossible Inc is a registered charity in United States, based in Laguna Niguel, CA. It received its IRS tax-exemption ruling in October 2013, 13 years ago. Its declared purposes cover mental health and crisis intervention, 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 December 2023, Carepossible Inc reported income of $852k and spending of $820k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $626k to $852k (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2022, when income rose by 44%. 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, Carepossible Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Basin Clinic Inc ($852k), Regis House Inc ($853k) and Forensic Evaluation Service Center ($852k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $42k (5.1% of expenses). At year end it held assets of $35k against liabilities of $0, net assets of $35k. It reported 1 employees.