Care Health Services Inc

Analysis

Care Health Services Inc is a registered charity in United States, based in Easton, MD. It received its IRS tax-exemption ruling in February 1988, 38 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Care Health Services Inc reported income of $827k and spending of $1.4m, spending 175% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.1m to $827k (-74%), an average of -28% a year. The sharpest change came in the year to June 2023, when income dropped by 71%. Over the whole period it spent 131% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Care Health Services Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MD. Charities of a similar size with the same main cause include Foundation to Eradicate Duchenne Inc ($827k), Halfthestory ($827k) and Tift General Hospital Foundation Inc ($827k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $871k. At year end it held assets of $5,447 against liabilities of $0, net assets of $5,447.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.