Caring Ministries

Analysis

Caring Ministries is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Caring Ministries reported income of $75k and spending of $72k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $34k to $75k (+119%), an average of +119% a year. The sharpest change came in the year to December 2023, when income rose by 119%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Caring Ministries sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Living From His Life International Inc ($75k), St Agatha Conference ($75k) and Malawi Orphan Ministries ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,312 against liabilities of $0, net assets of $2,312.