Gary Cares

Analysis

Gary Cares is a registered charity in United States, based in Gary, MN. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gary Cares reported income of $97k and spending of $102k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $117k to $97k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gary Cares sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within MN. Charities of a similar size with the same main cause include Shalom Restoration Ministries Inc ($97k), Youniversal Center ($97k) and Los Ojos de LA Familia Ltd ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $57k against liabilities of $2,585, net assets of $55k.