There with Care

Analysis

There with Care is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, There with Care reported income of $3.9m and spending of $4.4m, spending 111% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $2.9m to $3.9m (+37%), an average of +6.4% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, There with Care sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include United Friends Group Homes ($3.9m), Sovereign Order of Malta-Western Association ($3.9m) and Cypress Hills Child Care Corporation ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $404k (9.3% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $2.1m against liabilities of $438k, net assets of $1.6m. It reported 38 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.