Caring Communities Inc

Analysis

Caring Communities Inc is a registered charity in United States, based in Jefferson City, MO. It received its IRS tax-exemption ruling in March 2003, 23 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 June 2023, Caring Communities Inc reported income of $1.7m and spending of $1.8m, spending 103% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $999k to $1.7m (+74%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 85%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Caring Communities Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within MO. Charities of a similar size with the same main cause include Kiddie Prep School Inc ($1.7m), Support Kansas City Inc ($1.7m) and Spring Lake Memorial Community House ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $97k (5.4% of expenses). Other salaries and wages came to $239k. At year end it held assets of $504k against liabilities of $55k, net assets of $450k. It reported 6 employees.