Community of Caring Foundation
Analysis
Community of Caring Foundation is a registered charity in United States, based in Cripple Creek, CO. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover human services, 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 December 2023, Community of Caring Foundation reported income of $1.9m and spending of $1.8m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.9m (+76%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 94% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community of Caring Foundation sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CO. Charities of a similar size with the same main cause include Patient Airlift Services ($1.9m), Holy Land Ministries Inc ($1.9m) and Genaustin ($1.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $85k (4.6% of expenses). Other salaries and wages came to $706k. At year end it held assets of $2.9m against liabilities of $91k, net assets of $2.8m. It reported 21 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Other 5.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Patient Airlift Services | Farmingdale | $1.9m |
| Holy Land Ministries Inc | Indianapolis | $1.9m |
| Genaustin | Austin | $1.9m |
| Struggle of Love Foundation | Denver | $1.9m |