Care - Community Action Respecting Elders

Analysis

Care - Community Action Respecting Elders is a registered charity in United States, based in Foley, MN. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Care - Community Action Respecting Elders reported income of $232k and spending of $176k, leaving 24% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $223k to $232k (+4.2%), an average of +2.1% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Care - Community Action Respecting Elders 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 57th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include Healthy Harvest of North Iowa ($232k), Black United Fund of Texas Inc ($232k) and First Step Back Home Inc ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $46k (26% of expenses). Other salaries and wages came to $57k. At year end it held assets of $421k against liabilities of $5,463, net assets of $415k. It reported 5 employees.