Care2 Fund at Usli Inc

Analysis

Care2 Fund at Usli Inc is a registered charity in United States, based in Wayne, PA. It received its IRS tax-exemption ruling in January 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, Care2 Fund at Usli Inc reported income of $923k and spending of $951k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $591k to $923k (+56%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 213%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Care2 Fund at Usli Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within PA. Charities of a similar size with the same main cause include Hartley House ($923k), Louise and Anne Thrift & Fleamarket ($923k) and Protestant Episcopal Church in the United States of America ($923k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $463k against liabilities of $0, net assets of $463k.