Care and Share Inc

Analysis

Care and Share Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in February 1978, 48 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 June 2024, Care and Share Inc reported income of $65.6m and spending of $64.5m, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $48.5m to $65.6m (+35%), an average of +6.2% a year. The sharpest change came in the year to June 2020, when income rose by 18%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Care and Share Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CO. Charities of a similar size with the same main cause include Northeast Michigan Community Service Agency Inc ($65.3m), Presbyterian Homes Inc ($65.7m) and Hattie Larlham Center for Children with Disabilities ($65.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $509k (0.8% of expenses). Other salaries and wages came to $3.6m. It paid $419k in professional fundraising fees. At year end it held assets of $22.1m against liabilities of $3.0m, net assets of $19.1m. It reported 98 employees.