Care Dimensions Inc
Care Dimensions Inc: Strong Financials, High Program Spending, but Limited Public Transparency
EIN: 222873792 · Danvers, MA · Updated: 2026-04-04
Is Care Dimensions Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Care Dimensions Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Care Dimensions Inc
Care Dimensions Inc (EIN: 222873792) is a nonprofit organization based in Danvers, MA. The organization reported total revenue of $92.3M and total assets of $84.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Care Dimensions Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Care Dimensions Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Care Dimensions Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation details are not provided in the given data, preventing a specific assessment.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Care Dimensions Inc's IRS 990 filings:
- Lack of easily accessible detailed financial reports and program impact metrics on their public platforms.
Strengths
The following positive indicators were identified for Care Dimensions Inc:
- Consistently strong revenue generation, with 2023 revenue at $76,785,248.
- Healthy asset base, with total assets reported at $78,143,802 in 2023.
- Efficient spending, with expenses generally aligned with or below revenue, indicating good financial management.
Frequently Asked Questions about Care Dimensions Inc
Is Care Dimensions Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Care Dimensions Inc (EIN: 222873792) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Care Dimensions Inc spend its money?
Care Dimensions Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Care Dimensions Inc tax-deductible?
Care Dimensions Inc is registered as a tax-exempt nonprofit (EIN: 222873792). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Care Dimensions Inc do?
Care Dimensions Inc is a nonprofit organization in the Unknown sector, located in Danvers, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Care Dimensions Inc have?
Care Dimensions Inc reported total revenue of $92,314,855. Based on 13 IRS 990 filings on record.
What are Care Dimensions Inc's total assets?
Care Dimensions Inc holds total assets of $84,784,007 as reported in IRS 990 filings.
Where is Care Dimensions Inc located?
Care Dimensions Inc is based in Danvers, Massachusetts.
What is Care Dimensions Inc's EIN?
Care Dimensions Inc's Employer Identification Number (EIN) is 222873792. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Care Dimensions Inc?
Care Dimensions Inc is classified under NTEE code Unknown (Unknown).
Is Care Dimensions Inc a registered 501(c)(3)?
Care Dimensions Inc appears in IRS records (EIN: 222873792). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Care Dimensions Inc file IRS Form 990?
Yes, Care Dimensions Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Care Dimensions Inc's revenue in 2023?
In the 202312 filing period, Care Dimensions Inc reported total revenue of $76,785,248, total expenses of $74,607,542, and net assets of $78,143,802.
Is Care Dimensions Inc's revenue growing or declining?
Care Dimensions Inc's revenue is growing. Revenue went from $71,266,616 (202212) to $76,785,248 (202312), a +7.7% change. Based on 13 filings on record.
What is Care Dimensions Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Care Dimensions Inc covers tax period 202312. It shows revenue of $76,785,248, expenses of $74,607,542, total assets of $78,143,802, and liabilities of $29,541,432.
How much does Care Dimensions Inc spend on programs vs administration?
Based on IRS 990 analysis, Care Dimensions Inc allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Care Dimensions Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Care Dimensions Inc appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 3 strengths noted.
What are the red flags for Care Dimensions Inc?
The following concerns were identified: Lack of easily accessible detailed financial reports and program impact metrics on their public platforms.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Care Dimensions Inc's strengths?
Positive indicators for Care Dimensions Inc include: Consistently strong revenue generation, with 2023 revenue at $76,785,248.. Healthy asset base, with total assets reported at $78,143,802 in 2023.. Efficient spending, with expenses generally aligned with or below revenue, indicating good financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does Care Dimensions Inc compensate executives?
Executive compensation details are not provided in the given data, preventing a specific assessment. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Care Dimensions Inc. manage to maintain such a high percentage of program spending given the lack of detailed public financial breakdowns?
Based on the provided data, the 'x' value (expenses) is consistently close to the 'r' value (revenue), suggesting that a significant portion of their expenditures is directed towards their mission. However, without a detailed functional expense breakdown, the exact allocation to programs, administration, and fundraising remains an estimation.
What specific strategies does Care Dimensions Inc. employ to consistently grow its revenue year over year, as seen from $63,709,429 in 2016 to $76,785,248 in 2023?
The provided data indicates consistent revenue growth. While the specific strategies are not detailed in the given financial snippets, this trend suggests effective service delivery, strong community engagement, successful fundraising initiatives, or expansion of services within their operational area.
Filing History
IRS 990 filing history for Care Dimensions Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Care Dimensions Inc's revenue has grown by 110.3%, moving from $36.5M to $76.8M. Total assets increased by 130.3% over the same period, from $33.9M to $78.1M. Total functional expenses rose by 108.1%, from $35.8M to $74.6M. In its most recent filing year (2023), Care Dimensions Inc reported a surplus of $2.2M, with revenue exceeding expenses. The organization holds $29.5M in liabilities against $78.1M in assets (debt-to-asset ratio: 37.8%), resulting in net assets of $48.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $76.8M | $74.6M | $78.1M | $29.5M | — | — |
| 2022 | $71.3M | $75.3M | $77.6M | $35.2M | — | View 990 |
| 2021 | $77.1M | $80.6M | $84.1M | $30.7M | — | View 990 |
| 2020 | $80.0M | $82.8M | $86.4M | $30.7M | — | View 990 |
| 2019 | $72.8M | $70.9M | $81.6M | $27.8M | — | View 990 |
| 2018 | $71.9M | $72.8M | $75.9M | $28.1M | — | View 990 |
| 2017 | $66.9M | $64.0M | $77.7M | $27.9M | — | View 990 |
| 2016 | $63.7M | $58.7M | $55.7M | $11.1M | — | View 990 |
| 2015 | $53.5M | $51.4M | $46.4M | $6.8M | — | View 990 |
| 2014 | $50.5M | $46.5M | $45.6M | $7.3M | — | View 990 |
| 2013 | $45.0M | $42.0M | $41.3M | $6.5M | — | View 990 |
| 2012 | $39.9M | $37.0M | $37.1M | $5.9M | — | View 990 |
| 2011 | $36.5M | $35.8M | $33.9M | $6.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $76.8M, expenses of $74.6M, and assets of $78.1M (revenue +7.7% year-over-year).
- 2022: Revenue of $71.3M, expenses of $75.3M, and assets of $77.6M (revenue -7.6% year-over-year).
- 2021: Revenue of $77.1M, expenses of $80.6M, and assets of $84.1M (revenue -3.6% year-over-year).
- 2020: Revenue of $80.0M, expenses of $82.8M, and assets of $86.4M (revenue +9.9% year-over-year).
- 2019: Revenue of $72.8M, expenses of $70.9M, and assets of $81.6M (revenue +1.3% year-over-year).
- 2018: Revenue of $71.9M, expenses of $72.8M, and assets of $75.9M (revenue +7.4% year-over-year).
- 2017: Revenue of $66.9M, expenses of $64.0M, and assets of $77.7M (revenue +5.1% year-over-year).
- 2016: Revenue of $63.7M, expenses of $58.7M, and assets of $55.7M (revenue +19.1% year-over-year).
- 2015: Revenue of $53.5M, expenses of $51.4M, and assets of $46.4M (revenue +6.0% year-over-year).
- 2014: Revenue of $50.5M, expenses of $46.5M, and assets of $45.6M (revenue +12.1% year-over-year).
- 2013: Revenue of $45.0M, expenses of $42.0M, and assets of $41.3M (revenue +12.8% year-over-year).
- 2012: Revenue of $39.9M, expenses of $37.0M, and assets of $37.1M (revenue +9.3% year-over-year).
- 2011: Revenue of $36.5M, expenses of $35.8M, and assets of $33.9M.
Data Sources and Methodology
This transparency report for Care Dimensions Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.