Schools Care Incorporated

Analysis

Schools Care Incorporated is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Schools Care Incorporated reported income of $1.9m and spending of $1.5m, spending 82% of its income. Across the 4 years on record, from December 2021 to June 2024, income grew from $459k to $1.9m (+310%), an average of +60% a year. The sharpest change came in the year to June 2023, when income rose by 162%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Schools Care Incorporated sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within IN. Charities of a similar size with the same main cause include Rooster Walk Inc ($1.9m), Bethlehem Childrens School ($1.9m) and Yeshiva Ohr Yisrael High School for Boys Inc ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 30% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $96k (6.2% of expenses). Other salaries and wages came to $564k. At year end it held assets of $1.1m against liabilities of $376k, net assets of $771k. It reported 11 employees.