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Indiana · Nonprofit

CARE UNIVERSITY INC

CARE UNIVERSITY INC (Indiana) receives grants from 6 organizations whose IRS filings report $315,637 to it, the largest being American Electric Power Foundation ($90,000). 5 of them have funded it in more than one year.

Revenue FY2024
$87k
Funders on record
6
Grants received
$316k
Net assets
$64k
5/6 repeat funderspeak grant-dependency 85%
01What it does

What Care University Inc does

Mission

Our mission is to encourage and empower students to reach their educational goals by providing support and encouragement through mentorship, resources, and opportunities.

As stated on its FY2024 Form 990-EZ.

Programs

  1. Care university packages - c.a.r.e. University assembles c.a.r.e. Packages for college students twice a year - before the beginning of the 1st semester and before the start of the 2nd semester. We also send motivational materials before finals and throughout the school year to show support to the students.

    $18,804 spent
    46% of program spending
  2. C.a.r.e. University has partnered with aep to offer a technology fund for eligible first-year c.a.r.e. University students. Aep foundation's support and kindness allows c.a.r.e. To be able to provide our qualifying students a new laptop or reimbursement up to 600.

    $21,914 spent
    54% of program spending

The 2 programs described on its FY2023 Form 990-EZ. Program spending in total: $40,718.

02The organization over time

The organization over time

Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 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 = 20232023 Revenue 100 ($138k) Expenses 100 ($83k) Net assets 100 ($74k)2024 Revenue 63 ($87k) Expenses 117 ($97k) Net assets 86 ($64k)
20232024
Revenue (63)Expenses (117)Net assets (86)Peer revenue range

Balance sheet

Total assets at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $74k to $64k (−14%).

$74k
$64k
20232024
Total assets

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.

2023
2024
ContributionsProgram revenueInvestmentOther

100% of CARE UNIVERSITY INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (97% for the typical peer).

This organization
Typical peer · 4,244 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 2 reported years ran a deficit.

$55k
’23
−$11k
’24
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 2 funders to 6 funders, grant income rose $16k → $117k.

2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 14% 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 UNIVERSITY INC’s funders (the co-funder graph). 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 UNIVERSITY INC leans on a few funders — its largest provides 29% of grant income and the top three 72%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

47% 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 UNIVERSITY INC.

29%
largest funder
72%
top three
~5
effective funders

Largest funder’s share by year: 2020 99% · 2021 100% · 2022 39% · 2023 65% — 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.

Where its funders are

50% of CARE UNIVERSITY INC's grant income comes from Indiana funders.

IA
IN
DE

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

’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $45k arriving through sponsors registered in 2 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 UNIVERSITY INC's funding base is broadening — from 2 funders to 6 as grant income climbed.

Operating margin−12% · below the median
Revenue growth (annualized)−37% · bottom quartile

this organization peer median middle 50% of peers· 3,259 public benefit nonprofits under $100k, FY2024

Organizations like CARE UNIVERSITY 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 Indiana

Nationally

05Profile & governance

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

Screen this organization

A dated, signed PDF of the compliance screen for CARE UNIVERSITY 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 UNIVERSITY INC?
CARE UNIVERSITY INC (Indiana) receives grants from 6 organizations whose IRS filings report $315,637 to it, the largest being American Electric Power Foundation ($90,000). 5 of them have funded it in more than one year.
How many funders does CARE UNIVERSITY INC have?
IRS filings report 6 organizations giving $315,637 in grants to CARE UNIVERSITY INC, 5 of which have funded it in more than one year.
Who is the largest funder of CARE UNIVERSITY INC?
American Electric Power Foundation is the largest funder on record, with $90,000 in grants. The full list of funders is on this page.
How can an organization like CARE UNIVERSITY INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. 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 University →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2023–2024), and the filings of 6 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