Caring Forever Foundation

Analysis

Caring Forever Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Caring Forever Foundation reported income of $208k and spending of $215k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $214k to $208k (-2.9%), an average of -0.7% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Caring Forever Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Cambodian Buddhist Society of Pomona Inc ($208k), Restoration Ministries Inc ($208k) and Women of Alabaster Ministry Inc ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $65k. At year end it held assets of $6.9m against liabilities of $0, net assets of $6.9m. It reported 2 employees.