The Care Group Inc

Analysis

The Care Group Inc is a registered charity in United States, based in Southern Pnes, NC. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, The Care Group Inc reported income of $520k and spending of $529k, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $169k to $520k (+209%), an average of +46% a year. The sharpest change came in the year to June 2021, when income rose by 103%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Care Group Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include Oak Hill Childrens Center ($520k), Plant HS Band Booster Association Inc ($520k) and Mt Gilead Camp and Conference Center ($520k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $375k. At year end it held assets of $167k against liabilities of $47k, net assets of $121k.