Kare

Analysis

Kare is a registered charity in United States, based in Kershaw, SC. It received its IRS tax-exemption ruling in November 1995, 31 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, Kare reported income of $1.5m and spending of $682k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $475k to $1.5m (+224%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 106%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kare sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within SC. Charities of a similar size with the same main cause include Clinton Community Young Mens Christian Association ($1.5m), Randolph County Family Crisis Center Inc ($1.5m) and Blinded Veterans Association ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Other salaries and wages came to $261k. At year end it held assets of $1.6m against liabilities of $17k, net assets of $1.6m. It reported 11 employees.