Illinois · Nonprofit
CARELINK FOUNDATION INC
CARELINK FOUNDATION INC (Illinois) receives grants from 5 organizations whose IRS filings report $122,374 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($52,600). 4 of them have funded it in more than one year, and 53% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2023
- $198k
- Funders on record
- 5
- Grants received
- $122k
- Net assets
- $20k
What Carelink Foundation Inc does
Mission
CareLink exists to provide microfinance lending and free water filter distribution to underprivileged families in the developing world
As stated on its FY2023 Form 990-EZ.
Programs
Distributed free water filter systems to over 400 families in Honduras
$46,759 spentof which $46,759 as grants65% of program spendingFunded a pool of reserves for Microfinance Lending in the developing world
$24,765 spentof which $24,765 as grants35% of program spending
The 2 programs described on its FY2023 Form 990-EZ. Program spending in total: $71,524.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 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.
Balance sheet
Total assets at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $65k to $20k (−70%).
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.
100% of CARELINK FOUNDATION INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (91% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 4 reported years ran a deficit.
Who funds it, year by year
2020 → 2023: the base narrowed from 3 funders to 2 funders, grant income rose $8k → $10k.
3 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 53% 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 CARELINK FOUNDATION 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
CARELINK FOUNDATION INC leans on a few funders — its largest provides 43% of grant income and the top three 96%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
53% 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 CARELINK FOUNDATION INC.
Largest funder’s share by year: 2020 61% · 2021 56% · 2022 53% · 2023 99% — growing more concentrated.
“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
53% of CARELINK FOUNDATION INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $57k that is directly attributable, 92% of it comes from funders outside Illinois, across 2 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $65k arriving through sponsors registered in 3 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.
Against its field
CARELINK FOUNDATION INC has grown faster than three-quarters of the 21,056 human services nonprofits its size.
this organization peer median middle 50% of peers· 21,056 human services nonprofits $100k–$1M, FY2023
Organizations like CARELINK FOUNDATION 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 Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for CARELINK FOUNDATION 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.
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 CARELINK FOUNDATION INC?
- CARELINK FOUNDATION INC (Illinois) receives grants from 5 organizations whose IRS filings report $122,374 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($52,600). 4 of them have funded it in more than one year, and 53% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does CARELINK FOUNDATION INC have?
- IRS filings report 5 organizations giving $122,374 in grants to CARELINK FOUNDATION INC, 4 of which have funded it in more than one year.
- Who is the largest funder of CARELINK FOUNDATION INC?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $52,600 in grants. The full list of funders is on this page.
- How can an organization like CARELINK FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. 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 Carelink →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2020–2023), and the filings of 5 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 14, 2026. What this page cannot tell you · view filing