Cast Your Cares Inc

Analysis

Cast Your Cares Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 2005, 21 years ago. 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, Cast Your Cares Inc reported income of $104k and spending of $101k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $147k to $104k (-29%), an average of -8.3% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cast Your Cares Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within PA. Charities of a similar size with the same main cause include Gem City Housing ($104k), Holly Grove Volunteer Rescue Squad Inc ($104k) and Mobile Meals of Westfield ($104k).

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 $5,100 (5.0% of expenses). At year end it held assets of $150k against liabilities of $0, net assets of $150k. It reported 1 employees.