Care Net Resource Pregnancy Centers Inc

Analysis

Care Net Resource Pregnancy Centers Inc is a registered charity in United States, based in Newport News, VA. It received its IRS tax-exemption ruling in June 1986, 40 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Care Net Resource Pregnancy Centers Inc reported income of $1.9m and spending of $1.0m, leaving 45% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $671k to $1.9m (+178%), an average of +29% a year. The sharpest change came in the year to June 2023, when income rose by 73%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Care Net Resource Pregnancy Centers Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Beats Rhymes and Life ($1.9m), Chatham Rescue Squad Inc ($1.9m) and Orthopaedic Foot & Ankle Foundation ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $109k (11% of expenses). Other salaries and wages came to $526k. At year end it held assets of $2.3m against liabilities of $463k, net assets of $1.8m. It reported 18 employees.