Caring For Others Inc
Caring For Others Inc consistently expends nearly all revenue on programs, reporting 0% officer compensation across all filings.
EIN: 161622195 · Atlanta, GA · NTEE: P20 · Updated: 2026-03-28
Is Caring For Others Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Caring For Others Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Caring For Others Inc
Caring For Others Inc (EIN: 161622195) is a nonprofit organization based in Atlanta, GA, classified under NTEE code P20. The organization reported total revenue of $19.9M and total assets of $9.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Caring For Others Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Caring For Others Inc is a large nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.1M |
| Total Expenses | $15.2M |
| Surplus / Deficit | $-89,333 |
| Total Assets | $5.8M |
| Total Liabilities | $1.8M |
| Net Assets | $4.0M |
| Operating Margin | -0.6% |
| Debt-to-Asset Ratio | 31.7% |
| Months of Reserves | 4.6 months |
Financial Health Grade: B
In 2023, Caring For Others Inc reported a deficit of $89K with expenses exceeding revenue, holds 4.6 months of operating reserves (adequate), has a debt-to-asset ratio of 31.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Caring For Others Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +165.3% | +140.8% | +13.0% |
| 2022 | -1.0% | +0.1% | -11.0% |
| 2021 | -31.2% | -20.4% | -8.1% |
| 2020 | +48.6% | +41.1% | +224.3% |
| 2019 | -64.0% | -63.2% | -3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Caring For Others 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Caring For Others Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $89K, with expenses exceeding revenue.
- Debt-to-asset ratio: 31.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization with revenues frequently exceeding $10 million. This suggests either a fully volunteer executive team or that executive salaries are categorized differently, which could obscure a complete picture of administrative costs.
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 Caring For Others Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate a lack of transparency if compensation is simply reclassified.
- Fluctuating revenue and expenses, which could indicate inconsistent funding or program scale year-to-year.
Strengths
The following positive indicators were identified for Caring For Others Inc:
- High program spending ratio, with expenses consistently matching or exceeding revenue, indicating active mission delivery.
- Consistent reporting of 0% officer compensation, suggesting a strong focus on directing funds to programs rather than executive salaries (assuming accurate reporting).
- Significant asset growth in recent years, from $1.9 million in 2019 to $5.8 million in 2023, enhancing financial stability.
- Relatively stable liabilities compared to assets, indicating responsible financial management.
Frequently Asked Questions about Caring For Others Inc
Is Caring For Others Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Caring For Others Inc (EIN: 161622195) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Caring For Others Inc spend its money?
Caring For Others Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Caring For Others Inc tax-deductible?
Caring For Others Inc is registered as a tax-exempt nonprofit (EIN: 161622195). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Caring For Others Inc a good charity?
Based on the available data, Caring For Others Inc appears to be a good charity. It consistently spends nearly all of its revenue on expenses, indicating active program delivery, and reports 0% officer compensation, suggesting a strong focus on mission over executive pay.
How does Caring For Others Inc manage its executive compensation?
Caring For Others Inc consistently reports 0% for officer compensation in all available IRS 990 filings. This is highly unusual for an organization of its size and suggests either a volunteer-led executive team or that executive compensation is reported under other expense categories, which would require further investigation for full transparency.
What is the trend in Caring For Others Inc's revenue and expenses?
Caring For Others Inc has experienced significant fluctuations in revenue and expenses over the years, ranging from $5.6 million in 2019 to $23.9 million in 2016. However, in most years, expenses closely match or slightly exceed revenue, indicating consistent operational spending and program delivery.
What is the organization's asset growth like?
The organization's assets have shown growth, particularly from $1.9 million in 2019 to $5.8 million in 2023, indicating an increase in financial stability and capacity over recent years.
Filing History
IRS 990 filing history for Caring For Others Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Caring For Others Inc's revenue has grown by 237.8%, moving from $4.5M to $15.1M. Total assets increased by 432.8% over the same period, from $1.1M to $5.8M. Total functional expenses rose by 236.5%, from $4.5M to $15.2M. In its most recent filing year (2023), Caring For Others Inc reported a deficit of $89K, with expenses exceeding revenue. The organization holds $1.8M in liabilities against $5.8M in assets (debt-to-asset ratio: 31.7%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15.1M | $15.2M | $5.8M | $1.8M | — | View 990 |
| 2022 | $5.7M | $6.3M | $5.2M | $1.8M | — | View 990 |
| 2021 | $5.7M | $6.3M | $5.8M | $1.8M | — | View 990 |
| 2020 | $8.3M | $7.9M | $6.3M | $1.8M | — | View 990 |
| 2019 | $5.6M | $5.6M | $1.9M | $1.6M | — | View 990 |
| 2018 | $15.6M | $15.2M | $2.0M | $1.6M | — | View 990 |
| 2017 | $14.6M | $14.8M | $1.4M | $1.4M | — | View 990 |
| 2016 | $23.9M | $22.1M | $3.8M | $875K | — | View 990 |
| 2015 | $14.9M | $14.1M | $1.8M | $717K | — | View 990 |
| 2014 | $5.8M | $3.8M | $3.4M | $814K | — | View 990 |
| 2013 | $5.9M | $5.8M | $1.3M | $691K | — | View 990 |
| 2012 | $3.1M | $2.8M | $1.7M | $669K | — | View 990 |
| 2011 | $4.5M | $4.5M | $1.1M | $689K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.1M, expenses of $15.2M, and assets of $5.8M (revenue +165.3% year-over-year).
- 2022: Revenue of $5.7M, expenses of $6.3M, and assets of $5.2M (revenue -1.0% year-over-year).
- 2021: Revenue of $5.7M, expenses of $6.3M, and assets of $5.8M (revenue -31.2% year-over-year).
- 2020: Revenue of $8.3M, expenses of $7.9M, and assets of $6.3M (revenue +48.6% year-over-year).
- 2019: Revenue of $5.6M, expenses of $5.6M, and assets of $1.9M (revenue -64.0% year-over-year).
- 2018: Revenue of $15.6M, expenses of $15.2M, and assets of $2.0M (revenue +6.7% year-over-year).
- 2017: Revenue of $14.6M, expenses of $14.8M, and assets of $1.4M (revenue -38.9% year-over-year).
- 2016: Revenue of $23.9M, expenses of $22.1M, and assets of $3.8M (revenue +60.1% year-over-year).
- 2015: Revenue of $14.9M, expenses of $14.1M, and assets of $1.8M (revenue +157.5% year-over-year).
- 2014: Revenue of $5.8M, expenses of $3.8M, and assets of $3.4M (revenue -2.3% year-over-year).
- 2013: Revenue of $5.9M, expenses of $5.8M, and assets of $1.3M (revenue +89.4% year-over-year).
- 2012: Revenue of $3.1M, expenses of $2.8M, and assets of $1.7M (revenue -29.7% year-over-year).
- 2011: Revenue of $4.5M, expenses of $4.5M, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Caring For Others Inc:
Data Sources and Methodology
This transparency report for Caring For Others 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.