Paar Cares Foundation

Analysis

Paar Cares Foundation is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Paar Cares Foundation reported income of $55k and spending of $48k, spending 87% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $38k to $55k (+44%), an average of +44% a year. The sharpest change came in the year to September 2023, when income rose by 44%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Paar Cares Foundation sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within IL. Charities of a similar size with the same main cause include K-9s for Heroes Inc ($55k), Tomorrows Woman Inc ($55k) and Reality Speaking Inc ($55k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.