Caregiving Network Inc

Analysis

Caregiving Network Inc is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Caregiving Network Inc reported income of $212k and spending of $274k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $158k to $212k (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Caregiving Network Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MI. Charities of a similar size with the same main cause include Association for the Community Parent Center Inc ($212k), Hodag Schools Foundation Inc ($212k) and Montaner Charitable TR Uw CB Funk DTD 6-14-16 ($212k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $487k against liabilities of $138, net assets of $487k.