Itc Cares

Analysis

Itc Cares is a registered charity in United States, based in Laguna Hills, CA. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Itc Cares reported income of $226k and spending of $210k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $248k to $226k (-9.0%), an average of -9.0% a year. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Itc Cares sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include The Sephardic Bikur Holim Fund in Memory of Joseph D Beyda Inc ($226k), Blooming Prairie Cancer Group ($226k) and Triangle Disability Advocates Inc ($226k).

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