We Care Services Inc

Analysis

We Care Services Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, We Care Services Inc reported income of $2.4m and spending of $2.4m, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.7m to $2.4m (+35%), an average of +6.2% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, We Care Services Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include A Friends House Inc ($2.4m), Deliverfund ($2.4m) and Mountain Outreach Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $338k. At year end it held assets of $62k against liabilities of $0, net assets of $62k. It reported 26 employees.