Candy for Caring Inc

Analysis

Candy for Caring Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Candy for Caring Inc reported income of $65k and spending of $52k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $73k to $65k (-11%), an average of -11% a year. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Candy for Caring Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within KY. Charities of a similar size with the same main cause include Elite Community Foundation Inc ($65k), Way of Hope India ($65k) and Food with Fam Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.7% of the total. At year end it held assets of $168k against liabilities of $0, net assets of $168k.