Metro Caring

Analysis

Metro Caring is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in April 1975, 51 years ago. 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 March 2024, Metro Caring reported income of $14.8m and spending of $14.0m, spending 94% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $10.1m to $14.8m (+46%), an average of +9.9% a year. The sharpest change came in the year to March 2024, when income rose by 23%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Metro Caring sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include First Presbyterian Day School Inc ($14.8m), Maranatha Village Inc ($14.8m) and American Counseling Association ($14.8m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $505k (3.6% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $10.6m against liabilities of $414k, net assets of $10.2m. It reported 47 employees.