Child Assistance Resource and Education Team Inc

Analysis

Child Assistance Resource and Education Team Inc is a registered charity in United States, based in Algona, IA. It received its IRS tax-exemption ruling in September 1990, 36 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, Child Assistance Resource and Education Team Inc reported income of $121k and spending of $123k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $121k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Child Assistance Resource and Education Team Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within IA. Charities of a similar size with the same main cause include Volunteers of America Inc ($121k), New Port Club of Vero Beach Inc ($121k) and TMJ Association Ltd ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 1.0% of the total. At year end it held assets of $253k against liabilities of $0, net assets of $253k.