Capital Caring Advanced Illness Services Inc

Analysis

Capital Caring Advanced Illness Services Inc is a registered charity in United States, based in Temple Terr, FL. It received its IRS tax-exemption ruling in October 2022, 4 years ago. 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, Capital Caring Advanced Illness Services Inc reported income of $619k and spending of $2.1m, spending 345% of what it took in. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 256% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Capital Caring Advanced Illness Services Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Mercy Housing California Senior Properties ($619k), International Friendship Gardens Music Festival Inc ($619k) and South East Metro Sharks Swim Club ($619k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 60% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $167k against liabilities of $4.0m, net assets of -$3.9m. It reported 17 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.