The Center for Volunteer Caregiving

Analysis

The Center for Volunteer Caregiving is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in December 1993, 33 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 June 2023, The Center for Volunteer Caregiving reported income of $456k and spending of $396k, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $322k to $456k (+41%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Center for Volunteer Caregiving sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include Center for Disability Law and Policy ($456k), Shelby County Senior Citizens Association Inc ($456k) and Family Safety Network of Cass ($456k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $88k (22% of expenses). Other salaries and wages came to $129k. At year end it held assets of $468k against liabilities of $91k, net assets of $377k. It reported 10 employees.