Bear-O Care

Analysis

Bear-O Care is a registered charity in United States, based in Riverton, UT. It received its IRS tax-exemption ruling in April 2016, 10 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, Bear-O Care reported income of $1.3m and spending of $1.3m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $659k to $1.3m (+101%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bear-O Care sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within UT. Charities of a similar size with the same main cause include Eagle Valley Child Care Association ($1.3m), Faith in Action Inc ($1.3m) and Angel de LA Guarda Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 101% of the total. Compensation of current officers, directors and key employees was $255k (20% of expenses). Other salaries and wages came to $518k. At year end it held assets of $544k against liabilities of $271k, net assets of $272k. It reported 28 employees.