Fiore Cares Inc

Analysis

Fiore Cares Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Fiore Cares Inc reported income of $98k and spending of $78k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $453k to $98k (-78%), an average of -78% a year. The sharpest change came in the year to December 2023, when income dropped by 78%. Over the whole period it spent 74% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fiore Cares Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 32nd percentile within CO. Charities of a similar size with the same main cause include Signatures for Soldiers Inc ($98k), Estes Park Salud Foundation ($98k) and Retired Boston Police Officers Association Inc ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 236% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.