Caring Communities Foundation

Analysis

Caring Communities Foundation is a registered charity in United States, based in Newnan, GA. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Caring Communities Foundation reported income of $704k and spending of $1.2m, spending 174% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $372k to $704k (+89%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 1643%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Caring Communities Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within GA. Charities of a similar size with the same main cause include Agm Community Partners ($704k), Bikes for Kids Foundation ($704k) and HFT Employee Emergency Relief Fund Inc ($704k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 2.6% of the total. Other salaries and wages came to $225k. At year end it held assets of $1.2m against liabilities of $22k, net assets of $1.2m. It reported 16 employees.