I Care San Antonio Inc

Analysis

I Care San Antonio Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, I Care San Antonio Inc reported income of $2.5m and spending of $1.8m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.5m (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2022, when income rose by 302%. Over the whole period it spent 55% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, I Care San Antonio Inc 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 88th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Viet-Nam Assistance for the Handicapped ($2.5m), Family Empowerment Media Inc ($2.5m) and Medical Missions Outreach ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 6.7% of the total. Compensation of current officers, directors and key employees was $120k (6.7% of expenses). Other salaries and wages came to $313k. At year end it held assets of $6.7m against liabilities of $9,421, net assets of $6.7m. It reported 18 employees.