Caring Hands Special Needs Care Inc

Analysis

Caring Hands Special Needs Care Inc is a registered charity in United States, based in Middlebury, IN. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Caring Hands Special Needs Care Inc reported income of $1.1m and spending of $663k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $37k to $1.1m (+2825%), an average of +133% a year. The sharpest change came in the year to December 2020, when income rose by 698%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Caring Hands Special Needs Care Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include Long Beach Center for Economic Inclusion ($1.1m), Send56 Ministry Inc ($1.1m) and Facing Homelessness ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 2.1% of the total. Other salaries and wages came to $410k. At year end it held assets of $1.3m against liabilities of $80k, net assets of $1.2m. It reported 32 employees.