Care House Inc
Analysis
Care House Inc is a registered charity in United States, based in Summerdale, AL. It received its IRS tax-exemption ruling in June 1987, 39 years ago. 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, Care House Inc reported income of $724k and spending of $664k, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $756k to $724k (-4.2%), an average of -1.1% a year. The sharpest change came in the year to September 2021, when income rose by 39%. Over the whole period it spent 91% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Care House Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 78th percentile within AL. Charities of a similar size with the same main cause include White Sands HFH Inc ($724k), Volunteers in Service to Others ($724k) and Cobscook Community Learning Center ($724k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 84% and program service revenue 2.7% of the total. Other salaries and wages came to $426k. At year end it held assets of $1.4m against liabilities of $9,126, net assets of $1.4m. It reported 13 employees.
Income and spending
Where the income comes from
- Contributions & grants 84%
- Program services 2.7%
- Other 14%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| White Sands HFH Inc | Alamogordo | $724k |
| Volunteers in Service to Others | Gainesville | $724k |
| Cobscook Community Learning Center | Trescott TWP | $724k |
| Fairmount Round Robins CB Club Inc | Marion | $724k |