Caring Hearts Pregnancy Center Of Alexander County Inc
Caring Hearts Pregnancy Center consistently operates with no officer compensation, directing resources to programs despite a recent deficit.
EIN: 200517117 · Taylorsville, NC · NTEE: P40 · Updated: 2026-03-28
Is Caring Hearts Pregnancy Center Of Alexander County Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Caring Hearts Pregnancy Center Of Alexander County Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Caring Hearts Pregnancy Center Of Alexander County Inc
Caring Hearts Pregnancy Center Of Alexander County Inc (EIN: 200517117) is a nonprofit organization based in Taylorsville, NC, classified under NTEE code P40. The organization reported total revenue of $437K and total assets of $459K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Caring Hearts Pregnancy Center Of Alexander County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Caring Hearts Pregnancy Center Of Alexander County Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $194K |
| Total Expenses | $210K |
| Surplus / Deficit | $-15,944 |
| Total Assets | $47K |
| Net Assets | $47K |
| Operating Margin | -8.2% |
| Months of Reserves | 2.7 months |
Financial Health Grade: C
In 2023, Caring Hearts Pregnancy Center Of Alexander County Inc reported a deficit of $16K with expenses exceeding revenue, holds 2.7 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Caring Hearts Pregnancy Center Of Alexander County Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.5% | +29.4% | -25.4% |
| 2022 | +33.3% | +26.7% | +124.3% |
| 2021 | +23.5% | +5.6% | +238.6% |
| 2020 | +12.2% | +7.5% | -16.8% |
| 2019 | -13.3% | +0.3% | -38.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Hearts Pregnancy Center Of Alexander County 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Caring Hearts Pregnancy Center Of Alexander County Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 $16K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for a nonprofit of its size.
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 Hearts Pregnancy Center Of Alexander County Inc's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing period (202312), resulting in a deficit of $15,944.
Strengths
The following positive indicators were identified for Caring Hearts Pregnancy Center Of Alexander County Inc:
- Zero officer compensation reported across all 13 filings, indicating highly efficient use of funds.
- Consistent growth in revenue over the past five years, from $106,833 in 2019 to $194,336 in 2023.
- Maintains a positive asset balance, reaching $46,907 in 2023, demonstrating some financial reserves.
- Consistent IRS 990 filing history, indicating good transparency and compliance.
Frequently Asked Questions about Caring Hearts Pregnancy Center Of Alexander County Inc
Is Caring Hearts Pregnancy Center Of Alexander County Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Caring Hearts Pregnancy Center Of Alexander County Inc (EIN: 200517117) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Caring Hearts Pregnancy Center Of Alexander County Inc spend its money?
Caring Hearts Pregnancy Center Of Alexander County Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Caring Hearts Pregnancy Center Of Alexander County Inc tax-deductible?
Caring Hearts Pregnancy Center Of Alexander County Inc is registered as a tax-exempt nonprofit (EIN: 200517117). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Caring Hearts Pregnancy Center Of Alexander County Inc a good charity?
Based on the available IRS 990 data, Caring Hearts Pregnancy Center Of Alexander County Inc appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission. Its program spending is likely very high, and it maintains a transparent filing history.
How has the organization's revenue trended over the past few years?
The organization's revenue has shown a positive trend, increasing from $106,833 in 2019 to $194,336 in 2023, with a peak of $197,361 in 2022. This indicates growing support for its mission.
What is the organization's financial stability like?
The organization's financial stability is moderate. While it has shown consistent revenue growth and maintains positive assets (e.g., $46,907 in 2023), it experienced a deficit in 2023 where expenses ($210,280) exceeded revenue ($194,336). Its asset base is relatively small compared to its annual expenses, suggesting it relies heavily on ongoing contributions.
Filing History
IRS 990 filing history for Caring Hearts Pregnancy Center Of Alexander County Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Caring Hearts Pregnancy Center Of Alexander County Inc's revenue has grown by 215.8%, moving from $62K to $194K. Total assets increased by 163.9% over the same period, from $18K to $47K. Total functional expenses rose by 240.4%, from $62K to $210K. In its most recent filing year (2023), Caring Hearts Pregnancy Center Of Alexander County Inc reported a deficit of $16K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $194K | $210K | $47K | $0 | — | — |
| 2022 | $197K | $163K | $63K | $0 | — | View 990 |
| 2021 | $148K | $128K | $28K | $0 | — | View 990 |
| 2020 | $120K | $122K | $8K | $0 | — | — |
| 2019 | $107K | $113K | $10K | $0 | — | View 990 |
| 2018 | $123K | $113K | $16K | $0 | — | View 990 |
| 2017 | $108K | $113K | $6K | $0 | — | View 990 |
| 2016 | $102K | $109K | $12K | $0 | — | View 990 |
| 2015 | $122K | $112K | $19K | $0 | — | View 990 |
| 2014 | $96K | $115K | $9K | $1K | — | View 990 |
| 2013 | $90K | $75K | $28K | $1K | — | View 990 |
| 2012 | $77K | $83K | $13K | $1K | — | View 990 |
| 2011 | $62K | $62K | $18K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $194K, expenses of $210K, and assets of $47K (revenue -1.5% year-over-year).
- 2022: Revenue of $197K, expenses of $163K, and assets of $63K (revenue +33.3% year-over-year).
- 2021: Revenue of $148K, expenses of $128K, and assets of $28K (revenue +23.5% year-over-year).
- 2020: Revenue of $120K, expenses of $122K, and assets of $8K (revenue +12.2% year-over-year).
- 2019: Revenue of $107K, expenses of $113K, and assets of $10K (revenue -13.3% year-over-year).
- 2018: Revenue of $123K, expenses of $113K, and assets of $16K (revenue +14.2% year-over-year).
- 2017: Revenue of $108K, expenses of $113K, and assets of $6K (revenue +6.3% year-over-year).
- 2016: Revenue of $102K, expenses of $109K, and assets of $12K (revenue -17.0% year-over-year).
- 2015: Revenue of $122K, expenses of $112K, and assets of $19K (revenue +27.0% year-over-year).
- 2014: Revenue of $96K, expenses of $115K, and assets of $9K (revenue +7.3% year-over-year).
- 2013: Revenue of $90K, expenses of $75K, and assets of $28K (revenue +16.1% year-over-year).
- 2012: Revenue of $77K, expenses of $83K, and assets of $13K (revenue +25.7% year-over-year).
- 2011: Revenue of $62K, expenses of $62K, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Caring Hearts Pregnancy Center Of Alexander County Inc:
Data Sources and Methodology
This transparency report for Caring Hearts Pregnancy Center Of Alexander County 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.