The Caring House Project Inc

Analysis

The Caring House Project Inc is a registered charity in United States, based in Boynton Beach, FL. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, The Caring House Project Inc reported income of $88k and spending of $425k, spending 484% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $318k to $88k (-72%), an average of -28% a year. The sharpest change came in the year to December 2021, when income rose by 259%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Caring House Project Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include Warren Coffeehouse Ministries ($88k), Igelsia Biblica Gracia Sobre Gracia ($88k) and Abound Missionary Services Inc ($88k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% of the total. At year end it held assets of $474k against liabilities of $0, net assets of $474k.