Nonprofit screen
Screen a listCare Initiatives
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(2)
$272Mrevenue
FY2024 · +21% in 3 yrs5,686staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin2.4%
Months of reserve1.7mo
Revenue growth (annualized)+5.0%
Middle half of peersMedianCare Initiatives
Where the money goes FY2024 · $265M spent
Programs$244M92%Management and general$22M8%990 FY2024 · Part IX line 25
Worth checking2
Government grants fell 88% in FY2022
$8.8M in FY2021, $1.1M in FY2022.
990 Part VIIIDeficits in 2 of the last 3 years
−$17M in FY2022 and −$733k in FY2023. Cash covers 1.7 months, above the peer median of 0.6.
990 Part I and balance sheetIn its favor1
Strong governance
7 of 8 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI4funders
$4ka year, last 2 years
100%from its largest funder
Funder’20’21Meredith Corporation FoundationNew in FY2021$25Donor-advised giftsDonors not disclosed$8k
FundedThrough a donor-advised fund