Care & Shine Foundation

Analysis

Care & Shine Foundation is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 & Shine Foundation reported income of $109k and spending of $87k, leaving 20% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $91k to $109k (+21%), an average of +6.4% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Care & Shine Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Greensboro Historical Museum Inc ($109k), Holland Celtic Society ($109k) and Spaaces Foundation Inc ($109k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.