Care-A-Lot Fund

Analysis

Care-A-Lot Fund is a registered charity in United States, based in Ogden, UT. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 December 2023, Care-A-Lot Fund reported income of $277k and spending of $275k, spending 99% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $185k to $277k (+50%), an average of +8.4% a year. The sharpest change came in the year to December 2019, when income rose by 58%. Over the whole period it spent 77% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Care-A-Lot Fund sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within UT. Charities of a similar size with the same main cause include Community Services Agency of the Metro Washington Council Afl CIO ($277k), Algiers Economic Development Foundation Inc ($277k) and Upper Ocmulgee River Resource Conservation & Development Council ($277k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.