We Care Charity Inc

Analysis

We Care Charity Inc is a registered charity in United States, based in Salem, NH. It received its IRS tax-exemption ruling in August 2013, 13 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, We Care Charity Inc reported income of $234k and spending of $237k, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $301k to $234k (-22%), an average of -8.0% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, We Care Charity Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within NH. Charities of a similar size with the same main cause include Notre Dame Family Services ($234k), Love Inc of Douglas County Lakesarea ($234k) and SGV Animal Advocates Inc ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $15k (6.2% of expenses). At year end it held assets of $358k against liabilities of $3,770, net assets of $354k. It reported 1 employees.