Delaware Careplan Inc

Analysis

Delaware Careplan Inc is a registered charity in United States, based in Middletown, DE. It received its IRS tax-exemption ruling in June 2000, 26 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 December 2023, Delaware Careplan Inc reported income of $1.3m and spending of $119k, leaving 91% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $135k to $1.3m (+864%), an average of +76% a year. The sharpest change came in the year to December 2022, when income rose by 321%. Over the whole period it spent 28% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Delaware Careplan Inc sits at the 78th 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 79th percentile within DE. Charities of a similar size with the same main cause include Liberty Christian School of Walla Walla Washington ($1.3m), Street Business School ($1.3m) and Ridgewood Public Library Foundation Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.9% of the total. Compensation of current officers, directors and key employees was $91k (76% of expenses). At year end it held assets of $2.0m against liabilities of $16k, net assets of $2.0m. It reported 1 employees.