Caring Hands AFC LLC

Analysis

Caring Hands AFC LLC is a registered charity in United States, based in Oak Park, MI. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Caring Hands AFC LLC reported income of $1.9m and spending of $1.2m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.9m (+75%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Caring Hands AFC LLC sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Pasadena Interfaith Housing Foundation Inc ($1.9m), Twelve Oaks Foundation ($1.9m) and Scott Hill Incorporated ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $305k. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 16 employees.