Ameri-Kare Corp

Analysis

Ameri-Kare Corp is a registered charity in United States, based in Lebanon, TN. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 September 2023, Ameri-Kare Corp reported income of $134k and spending of $299k, spending 223% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.8m to $134k (-92%), an average of -48% a year. The sharpest change came in the year to September 2023, when income dropped by 85%. Over the whole period it spent 109% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ameri-Kare Corp sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within TN. Charities of a similar size with the same main cause include Type One Area Diabetic Support ($134k), Prince Wend Medical and Healthcare Center ($134k) and New Way Counseling Services Inc ($134k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $44k (15% of expenses). Other salaries and wages came to $82k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.