Care Partners

Analysis

Care Partners is a registered charity in United States, based in Eveleth, MN. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Care Partners reported income of $105k and spending of $124k, spending 118% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $140k to $105k (-25%), an average of -6.9% a year. The sharpest change came in the year to June 2021, when income dropped by 62%. 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, Care Partners sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within MN. Charities of a similar size with the same main cause include Pubpeer Foundation ($105k), Winter Haven Hospital Auxiliary Inc ($105k) and Oxford Emergency Squad Inc ($105k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $35k. At year end it held assets of $200k against liabilities of $1,640, net assets of $198k. It reported 2 employees.