Care Assurance System for the Aging and Homebound Casa of Madison Coun

Analysis

Care Assurance System for the Aging and Homebound Casa of Madison Coun is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in February 1983, 43 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 2024, Care Assurance System for the Aging and Homebound Casa of Madison Coun reported income of $1.2m and spending of $740k, leaving 36% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $608k to $1.2m (+90%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 84%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Care Assurance System for the Aging and Homebound Casa of Madison Coun 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 81st percentile, and in the 84th percentile within AL. Charities of a similar size with the same main cause include Jewish Community Alliance Foundation Inc ($1.2m), Community Food and Agriculture Coalition ($1.2m) and Sephardic Multi Service Senior Citizens Center Inc ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $438k. At year end it held assets of $866k against liabilities of $34k, net assets of $832k. It reported 11 employees.