Careactor Inc

Analysis

Careactor Inc is a registered charity in United States, based in Hastings, NE. It received its IRS tax-exemption ruling in October 2002, 24 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 June 2024, Careactor Inc reported income of $71k and spending of $44k, leaving 38% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $45k to $71k (+59%), an average of +59% a year. The sharpest change came in the year to June 2024, when income rose by 59%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Careactor Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within NE. Charities of a similar size with the same main cause include Promise Land Farm Ministries ($71k), RPM Ministry Inc ($71k) and Go Forth Ministries ($71k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.