Amerika-Kares Inc

Analysis

Amerika-Kares Inc is a registered charity in United States, based in Union, NJ. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Amerika-Kares Inc reported income of $153k and spending of $152k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $346k to $153k (-56%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Amerika-Kares Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 55th percentile within NJ. Charities of a similar size with the same main cause include Families for Effective Autism Treatment of Central New York Inc ($153k), Hear Your Song Inc ($153k) and Bleeding Disorders of Kentucky Inc ($153k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $54k. At year end it held assets of $852 against liabilities of $0, net assets of $852. It reported 2 employees.