Care Fund

Analysis

Care Fund is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Care Fund reported income of $692k and spending of $664k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $711k to $692k (-2.8%), an average of -0.7% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Care Fund sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within AZ. Charities of a similar size with the same main cause include International Atherosclerosis Society ($691k), Iowa City Free Medical Clinic ($692k) and Sdsi Foundation Inc ($691k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $88k (13% of expenses). Other salaries and wages came to $58k. At year end it held assets of $500k against liabilities of $29k, net assets of $471k. It reported 1 employees.