Care Guide Partners Inc

Analysis

Care Guide Partners Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Care Guide Partners Inc reported income of $3.9m and spending of $7.1m, spending 179% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $323k to $3.9m (+1120%), an average of +87% a year. The sharpest change came in the year to December 2020, when income rose by 382%. Over the whole period it spent 239% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Care Guide Partners Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within KY. Charities of a similar size with the same main cause include Pittsburgh Action Against Rape ($3.9m), Hemophilia Foundation of Michigan ($3.9m) and Community Outreach and Patient Empowerment Inc ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $1.0m (14% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $5.2m against liabilities of $19.8m, net assets of -$14.6m. It reported 49 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.