The Caring Center Inc

Analysis

The Caring Center Inc is a registered charity in United States, based in Casper, WY. It received its IRS tax-exemption ruling in June 1987, 39 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, The Caring Center Inc reported income of $1000k and spending of $808k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $624k to $1000k (+60%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Caring Center Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within WY. Charities of a similar size with the same main cause include Boy Scouts of America ($1000k), One Seventy One Cedar Inc ($1000k) and Art League of Marco Island Inc ($999k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $88k (11% of expenses). Other salaries and wages came to $363k. At year end it held assets of $1.9m against liabilities of $23k, net assets of $1.9m. It reported 21 employees.