Care Elementary School Inc

Analysis

Care Elementary School Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Care Elementary School Inc reported income of $2.5m and spending of $2.0m, spending 81% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.7m to $2.5m (+48%), an average of +8.2% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Care Elementary School Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Renewing the Countryside II ($2.5m), Association of Pediatrics Program Directors ($2.5m) and Center for Learning Unlimited Incorporated ($2.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $149k (7.4% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $4.7m against liabilities of $0, net assets of $4.7m. It reported 35 employees.