Community Assistance Referral Services Inc

Analysis

Community Assistance Referral Services Inc is a registered charity in United States, based in Ashland, KY. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Community Assistance Referral Services Inc reported income of $200k and spending of $181k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $227k to $200k (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Assistance Referral Services Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within KY. Charities of a similar size with the same main cause include Operation Nightingale USA ($200k), Lander Old Timers Rodeo Association Inc ($200k) and Bainbridge Island Downtown Association ($199k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $38k (21% of expenses). Other salaries and wages came to $68k. At year end it held assets of $248k against liabilities of $28k, net assets of $220k. It reported 4 employees.