CTK Cares

Analysis

CTK Cares is a registered charity in United States, based in North Olmsted, OH. It received its IRS tax-exemption ruling in September 2014, 12 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 2024, CTK Cares reported income of $484k and spending of $610k, spending 126% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $415k to $484k (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, CTK Cares sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include YMCA of San Diego County Housing Services Inc ($484k), Uptown Association Inc ($484k) and Access Christian Ministries Inc ($484k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 87% of the total. Other salaries and wages came to $395k. At year end it held assets of $63k against liabilities of $1,922, net assets of $61k. It reported 24 employees.