C a R E Forward Inc

Analysis

C a R E Forward Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in March 2012, 14 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, C a R E Forward Inc reported income of $175k and spending of $178k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $136k to $175k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, C a R E Forward Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include St Anastasia St Mark Conference Society of St Vincent Depaul Inc ($175k), Ray of Hope Mentoring Inc ($175k) and Fairhaven Residents Association Inc ($175k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.8% of the total. At year end it held assets of $301k against liabilities of $0, net assets of $301k.