Caring Community Friends Inc

Analysis

Caring Community Friends Inc is a registered charity in United States, based in Sapulpa, OK. It received its IRS tax-exemption ruling in October 1993, 33 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 December 2023, Caring Community Friends Inc reported income of $1.5m and spending of $1.2m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $889k to $1.5m (+73%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Caring Community Friends Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within OK. Charities of a similar size with the same main cause include Woodstock Institute ($1.5m), Learning Tree ($1.5m) and Interior AIDS Association ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $61k (5.1% of expenses). Other salaries and wages came to $89k. At year end it held assets of $910k against liabilities of $105k, net assets of $805k. It reported 7 employees.