Convergint Cares Foundation

Analysis

Convergint Cares Foundation is a registered charity in United States, based in Hoffman Estates, IL. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Convergint Cares Foundation reported income of $85k and spending of $70k, spending 82% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $1.0m to $85k (-92%), an average of -71% a year. The sharpest change came in the year to December 2022, when income dropped by 86%. Over the whole period it spent 97% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Convergint Cares Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within IL. Charities of a similar size with the same main cause include Smart Motorcyclists Attend Rider Training Inc ($85k), Keren Mordechai Zev Inc ($85k) and Palo Duro Wildfire Academy Inc ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.