Cape Coral Caring Center Inc

Analysis

Cape Coral Caring Center Inc is a registered charity in United States, based in Cape Coral, FL. It received its IRS tax-exemption ruling in June 1991, 35 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 September 2023, Cape Coral Caring Center Inc reported income of $926k and spending of $781k, spending 84% of its income. Across the 4 years on record, from September 2020 to September 2023, income fell from $947k to $926k (-2.2%), an average of -0.7% a year. The sharpest change came in the year to September 2022, when income dropped by 42%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cape Coral Caring Center 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 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Poetic ($926k), Ravenswood Community Services Inc ($927k) and James Penny House ($926k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $144k (18% of expenses). Other salaries and wages came to $25k. At year end it held assets of $1.5m against liabilities of $1,934, net assets of $1.5m. It reported 4 employees.