Care Center of Loveland

Analysis

Care Center of Loveland is a registered charity in United States, based in Loveland, OH. It received its IRS tax-exemption ruling in February 2019, 7 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, Care Center of Loveland reported income of $657k and spending of $584k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $480k to $657k (+37%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Care Center of Loveland sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OH. Charities of a similar size with the same main cause include Tri-County Independent Living Center Inc ($657k), Siti and Jido Park Foundation ($657k) and Lend a Hand Foundation Inc of Northern California ($657k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $100k. At year end it held assets of $434k against liabilities of $4,771, net assets of $429k. It reported 7 employees.