Operaton Care Inc

Analysis

Operaton Care Inc is a registered charity in United States, based in Shelbyville, KY. It received its IRS tax-exemption ruling in May 1992, 34 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, Operaton Care Inc reported income of $1.5m and spending of $1.4m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $935k to $1.5m (+59%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Operaton Care Inc 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 83rd percentile, and in the 84th percentile within KY. Charities of a similar size with the same main cause include Health Education Advocacy and Learning Inc ($1.5m), New Mercy Outreach Inc ($1.5m) and Russell House Response to Domestic and Sexual Violence ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $70k (4.9% of expenses). At year end it held assets of $1.3m against liabilities of $59k, net assets of $1.2m. It reported 22 employees.