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North Carolina · Nonprofit

Care Ring Inc

Care Ring Inc (North Carolina) receives grants from 60 organizations whose IRS filings report $13,602,601 to it, the largest being UNITED WAY OF GREATER CHARLOTTE INC ($3,578,253). 46 of them have funded it in more than one year.

Revenue FY2025
$7.8M
Funders on record
60
Grants received
$14M
Net assets
$5.2M
46/60 repeat funderspeak grant-dependency 44%
01What it does

What Care Ring Inc does

Mission

To empower individuals with limited resources to establish and maintain good health.

As stated on its FY2025 Form 990.

Programs

  1. NFP - Nurse Family Partnership ProgramThe Organization's Nurse-Family Partnership (NFP) program is an evidence-based, intensive nurse home-visitation program for at-risk, low-income mothers living in Mecklenburg County. Validated by four decades of research, NFP is a proven model that breaks the cycle of poverty by improving pregnancy outcomes, monitoring child health and development, and strengthening the economic self-sufficiency of families. The Organization's NFP program served 545 families during the year ending June 30, 2025, and has been successful in enhancing its service to mothers who are especially vulnerable, clinically complex, and at risk for poor maternal and child health outcomes. In 2025, 88% of babies were born full-term, 95% of children in our program were up to date on recommended vaccines at age 2, and 82% of moms successfully avoided unplanned subsequent pregnancies.

    $2,299,748 spent
    40% of program spending
  2. A Guided Journey Program (Maternal Health)Launched in 2021, A Guided Journey (AGJ) is a maternal-child health initiative that employs residents living in six priority health zip codes to serve as Community Health Workers. These state-certified individuals work in their own communities to educate and support pregnant and new moms, providing information, guidance, and connection to needed resources. AGJ is a complement to NFP and, for the year ended June 30, 2025, served 527 families who may not have qualified for or needed the intensive, long-term support provided through NFP. Through this long-term case management program, families are educated and supported, and their health and social determinants of health needs are assessed and addressed, ensuring that they have the tools and resources needed to achieve better health and thrive. In 2024, AGJ was expanded through receipt of a federal Healthy Start Enhanced Grant from the US Department of Health & Human Services aimed at reducing the rates of adverse infant and maternal health mortality and morbidity in the Charlotte-Mecklenburg community. In 2025, 100% of moms were screened for postpartum depression, and 86% of women completed…

    $1,669,015 spent
    29% of program spending
  3. Physicians Reach Out Program (PRO)The Organization's Physicians Reach Out Program (PRO) provides the uninsured with access to comprehensive health care, including primary care, specialty care, labs, diagnostic tests, and hospital-based services. For every dollar invested in PRO, the Organization leverages $97 in donated charges, provided by a robust network of approximately 1,600 volunteer physicians and allied health professionals. For the year ended June 30, 2025, PRO coordinated approximately $77 million in donated medical and dental charges for 5,981 patients enrolled in the program. The program coordinated 3,152 specialty care referrals, including 111 referrals for cancer treatment, 211 referrals to surgery, and 172 pediatric specialty care referrals.

    $743,909 spent
    13% of program spending
  4. Clinic Program The Care Ring Clinic is a primary care medical home for the uninsured and underserved, serving 1,128 patients for the year ended June 30, 2025. The clinic has a special focus on supporting patients to successfully manage chronic illnesses such as diabetes and hypertension and ensures its patients have access to preventative cancer screenings. In 2025, Care Ring received a Gold Seal of Excellence from the National Association of Free Clinics, a measure of the Clinic's high standard of care and quality outcomes. Care Ring has been recognized by the American Heart Association and the American Medical Association with a Gold+ award through their Target: BP initiative for improving blood pressure control rates. Care Ring also received a Gold award from the American Heart Association's Target: Type 2 Diabetes program for diabetes management outcomes. The clinic implemented a quality improvement initiative that increased colorectal cancer screening rates from 43% to 55% in FY25. Beyond physical health care, patients are screened for social determinants of health needs, addressing barriers such as food insecurity, housing instability, and transportation

    $666,471 spent$50,829 earned by the program
    11% of program spending
  5. Case Management ProgramCentral to the Organization's success is its attention to social drivers of health, which are human and socio-economic factors (food/housing insecurity, transportation barriers, etc) that are often outside the scope of care for most clinical providers. Care Ring employs a multi-disciplinary team of community health workers, registered nurses, and mental health professionals to provide wrap-around services across all programs, as well as community-based care. Clients are universally screened, and those with exceptional healthcare and/or socio-economic needs are referred for case management interventions, which may include medication management, disease-specific education, mental health counseling, and direct referrals to community organizations to address critical unmet needs. During FY25, Care Ring relocated to a much larger space, enabling the addition of a full-size, onsite food pantry, directly addressing food insecurity in our patient population and the community at large. Open twice a week and in partnership with Nourish Up, families served can self-select a full week's worth of healthy groceries.

    $418,095 spent$65,290 earned by the program
    7% of program spending

The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $5,797,238.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.9M) Expenses 100 ($3.2M) Net assets 100 ($2.1M)2018 Revenue 122 ($3.6M) Expenses 104 ($3.3M) Net assets 114 ($2.4M)2019 Revenue 114 ($3.3M) Expenses 119 ($3.8M) Net assets 91 ($2.0M)2020 Revenue 151 ($4.4M) Expenses 124 ($4.0M) Net assets 112 ($2.4M)2021 Revenue 153 ($4.5M) Expenses 141 ($4.5M) Net assets 115 ($2.5M)2022 Revenue 185 ($5.4M) Expenses 166 ($5.3M) Net assets 118 ($2.5M)2023 Revenue 185 ($5.4M) Expenses 186 ($5.9M) Net assets 96 ($2.0M)2024 Revenue 310 ($9.1M) Expenses 210 ($6.7M) Net assets 209 ($4.5M)2025 Revenue 265 ($7.8M) Expenses 221 ($7.0M) Net assets 243 ($5.2M)
'17'18'19'20'21'22'23'24'25
Revenue (265)Expenses (221)Net assets (243)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $2.6M to $8.1M (+210%).

$2.2M
$2.5M
$2.1M
$3.5M
$3.2M
$3.5M
$2.6M
$8.1M
$8.0M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 42% · 2018 43% · 2019 42% · 2020 38% · 2021 44% · 2022 46% · 2023 62% · 2024 47% · 2025 61%. Grants only. Government contracts and fees sit inside program revenue.

98% of Care Ring Inc’s revenue is contributions — more reliant on donations than three-quarters of its peers (51% for the typical peer).

This organization
Typical peer · 8,632 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$264k
’17
$271k
’18
−$484k
’19
$447k
’20
−$25k
’21
$107k
’22
−$499k
’23
$2.4M
’24
$709k
’25
1.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Tchernavia Montgomery

CEO

Board chair

Andrea Wages

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2020 and FY2021 filings.

'17'18'19'20'21'22'23'24'25
Listed232021211920212525
Joined·+4+8+4+4+6+5+7+9
No longer listed·77465439
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 14 funders to 32 funders, grant income rose $810k → $2.4M.

9 of 60 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 10% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Care Ring Inc’s funders (the co-funder graph). Top 30 of 60 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Care Ring Inc has a broad base — no single funder exceeds 26% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

71% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Care Ring Inc.

26%
largest funder
45%
top three
~9
effective funders

Largest funder’s share by year: 2017 63% · 2018 76% · 2019 46% · 2020 35% · 2021 37% · 2022 23% · 2023 26% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

53% of Care Ring Inc's funders are still giving 3 years after their first grant; 77% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

91% of Care Ring Inc's grant income comes from North Carolina funders.

MN
WI
NY
MA
OH
PA
CT
CA
CO
MO
VA
MD
DE
NC
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $1.3M arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Care Ring Inc runs a healthier operating margin than half of the 5,002 health nonprofits its size.

Operating margin9% · above the median
Months of reserve1.7mo · below the median
Revenue growth (annualized)13% · above the median

this organization peer median middle 50% of peers· 5,002 health nonprofits $1M–$10M, FY2025

Government funding Care Ring Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.1M on record.

Federal$3.1M
grants $3.1Mcontracts $0
23
24
25
Top agencies
  • Department of Health and Human Services$3.1M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Care Ring Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

82% of spending goes to programs.

Program 82%Management 13%Fundraising 5%

Governance

24
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

96%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for Care Ring Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Care Ring Inc?
Care Ring Inc (North Carolina) receives grants from 60 organizations whose IRS filings report $13,602,601 to it, the largest being UNITED WAY OF GREATER CHARLOTTE INC ($3,578,253). 46 of them have funded it in more than one year.
How many funders does Care Ring Inc have?
IRS filings report 60 organizations giving $13,602,601 in grants to Care Ring Inc, 46 of which have funded it in more than one year.
Who is the largest funder of Care Ring Inc?
UNITED WAY OF GREATER CHARLOTTE INC is the largest funder on record, with $3,578,253 in grants. The full list of funders is on this page.
How can an organization like Care Ring Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Care Ring →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 60 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing