We Care a Lot Foundation

Analysis

We Care a Lot Foundation is a registered charity in United States, based in Redding, CA. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2023, We Care a Lot Foundation reported income of $1.3m and spending of $1.3m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $878k to $1.3m (+49%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 102%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, We Care a Lot Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.3m), Northfield St Vincents Housing Development Fund Company Inc ($1.3m) and Community Supported Shelters ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $667k. At year end it held assets of $1.6m against liabilities of $45k, net assets of $1.5m. It reported 28 employees.