Care Resources Inc

Analysis

Care Resources Inc is a registered charity in United States, based in Rockingham, NC. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover mental health and crisis intervention, 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 Resources Inc reported income of $384k and spending of $377k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $477k to $384k (-19%), an average of -5.3% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Care Resources Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include Owen Center Inc ($384k), Manhasset Womens Coalition Against Breast Cancer Inc ($384k) and Jack Jablonski Believe in Miracles Foundation ($384k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $26k (7.0% of expenses). At year end it held assets of $431k against liabilities of $511, net assets of $430k. It reported 1 employees.