Caring In Our Lifetime
Caring In Our Lifetime maintains strong financial health with growing assets and zero liabilities, led by unpaid officers.
EIN: 205177461 · Myrtle Beach, SC · NTEE: T990 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $69K |
| Total Expenses | $28K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $70,000. |
| Net Assets | $380K |
| Transparency Score | 90/100 |
Is Caring In Our Lifetime Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Caring In Our Lifetime directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Caring In Our Lifetime
Caring In Our Lifetime (EIN: 205177461) is a nonprofit organization based in Myrtle Beach, SC, classified under NTEE code T990. The organization reported total revenue of $69K and total assets of $418K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Caring In Our Lifetime's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Caring In Our Lifetime is a micro nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $50K |
| Total Expenses | $28K |
| Surplus / Deficit | +$22K |
| Total Assets | $380K |
| Net Assets | $380K |
| Operating Margin | 43.9% |
| Months of Reserves | 162.6 months |
Financial Health Grade: A
In 2023, Caring In Our Lifetime reported a surplus of $22K with revenue exceeding expenses, holds 162.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Caring In Our Lifetime's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.9% | +27.1% | +6.1% |
| 2022 | +112.7% | -45.4% | +13.0% |
| 2021 | +22.3% | +106.3% | -3.3% |
| 2020 | -45.8% | -68.7% | +1.5% |
| 2019 | +63.9% | +432.3% | -5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 In Our Lifetime with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Caring In Our Lifetime allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $22K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based. This is a significant positive, as it means all funds are directed towards the organization's mission rather than executive salaries, especially for an organization with annual revenues typically under $70,000.
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 In Our Lifetime's IRS 990 filings:
- No detailed expense breakdown available to precisely verify program spending ratio (e.g., Part IX of 990-EZ or Part III of 990).
Strengths
The following positive indicators were identified for Caring In Our Lifetime:
- Zero liabilities across all reported periods, indicating no debt.
- Consistent asset growth, reaching $380,255 in 2023.
- 0% officer compensation reported, suggesting a volunteer-led organization.
- Consistent financial surpluses in most years, demonstrating fiscal responsibility.
- Long history of IRS 990 filings (13 filings), indicating transparency.
Frequently Asked Questions about Caring In Our Lifetime
Is Caring In Our Lifetime a legitimate charity?
Based on AI analysis of IRS 990 filings, Caring In Our Lifetime (EIN: 205177461) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Caring In Our Lifetime spend its money?
Caring In Our Lifetime directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Caring In Our Lifetime tax-deductible?
Caring In Our Lifetime is registered as a tax-exempt nonprofit (EIN: 205177461). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Caring In Our Lifetime CEO make?
Caring In Our Lifetime's highest-compensated officer earns $70,000. annually. The organization reported $69K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Caring In Our Lifetime's spending goes to programs?
Caring In Our Lifetime directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Caring In Our Lifetime compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Caring In Our Lifetime is above average for NTEE category T990 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Caring In Our Lifetime located?
Caring In Our Lifetime is headquartered in Myrtle Beach, South Carolina and files with the IRS under EIN 205177461. It is classified under NTEE code T990.
How many years of IRS 990 filings does Caring In Our Lifetime have?
Caring In Our Lifetime has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $69K in total revenue.
Is Caring In Our Lifetime a good charity?
Based on the available financial data, Caring In Our Lifetime appears to be a very good charity. It demonstrates strong financial health with growing assets ($380,255 in 2023), zero liabilities, and a consistent history of operating with surpluses. The fact that no officer compensation is reported across 13 years of filings is a significant positive, indicating a highly volunteer-driven model where donations directly support the mission.
How does Caring In Our Lifetime manage its finances?
Caring In Our Lifetime manages its finances prudently, consistently operating without debt (Liabilities=$0 across all filings) and accumulating assets, which grew from $239,881 in 2014 to $380,255 in 2023. The organization generally spends less than it earns, leading to surpluses that build its financial reserves. For example, in 2023, revenue was $50,043 against expenses of $28,067.
What is the trend in Caring In Our Lifetime's revenue and expenses?
Caring In Our Lifetime's revenue has fluctuated, with a high of $73,202 in 2016 and a low of $24,305 in 2020. Expenses have also varied, generally staying well below revenue, leading to consistent surpluses. For instance, in 2023, revenue was $50,043 and expenses were $28,067, showing a healthy margin.
Does Caring In Our Lifetime have significant assets?
Yes, Caring In Our Lifetime has significant and growing assets. Its assets have steadily increased from $239,881 in 2014 to $380,255 in 2023, demonstrating strong financial accumulation and stability relative to its annual operating budget.
Filing History
IRS 990 filing history for Caring In Our Lifetime showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Caring In Our Lifetime's revenue has grown by 100.3%, moving from $25K to $50K. Total assets increased by 187.7% over the same period, from $132K to $380K. Total functional expenses rose by 88.8%, from $15K to $28K. In its most recent filing year (2023), Caring In Our Lifetime reported a surplus of $22K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $50K | $28K | $380K | $0 | — | View 990 |
| 2022 | $63K | $22K | $358K | $0 | — | View 990 |
| 2021 | $30K | $40K | $317K | $0 | — | View 990 |
| 2020 | $24K | $20K | $328K | $0 | — | View 990 |
| 2019 | $45K | $63K | $323K | $0 | — | View 990 |
| 2018 | $27K | $12K | $341K | $0 | — | View 990 |
| 2017 | $50K | $33K | $325K | $0 | — | View 990 |
| 2016 | $73K | $47K | $308K | $0 | — | View 990 |
| 2015 | $69K | $27K | $282K | $0 | — | View 990 |
| 2014 | $53K | $51K | $240K | $0 | — | View 990 |
| 2013 | $81K | $28K | $237K | $0 | — | View 990 |
| 2012 | $72K | $20K | $184K | $0 | — | View 990 |
| 2011 | $25K | $15K | $132K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $50K, expenses of $28K, and assets of $380K (revenue -20.9% year-over-year).
- 2022: Revenue of $63K, expenses of $22K, and assets of $358K (revenue +112.7% year-over-year).
- 2021: Revenue of $30K, expenses of $40K, and assets of $317K (revenue +22.3% year-over-year).
- 2020: Revenue of $24K, expenses of $20K, and assets of $328K (revenue -45.8% year-over-year).
- 2019: Revenue of $45K, expenses of $63K, and assets of $323K (revenue +63.9% year-over-year).
- 2018: Revenue of $27K, expenses of $12K, and assets of $341K (revenue -45.5% year-over-year).
- 2017: Revenue of $50K, expenses of $33K, and assets of $325K (revenue -31.4% year-over-year).
- 2016: Revenue of $73K, expenses of $47K, and assets of $308K (revenue +5.6% year-over-year).
- 2015: Revenue of $69K, expenses of $27K, and assets of $282K (revenue +30.1% year-over-year).
- 2014: Revenue of $53K, expenses of $51K, and assets of $240K (revenue -34.1% year-over-year).
- 2013: Revenue of $81K, expenses of $28K, and assets of $237K (revenue +11.8% year-over-year).
- 2012: Revenue of $72K, expenses of $20K, and assets of $184K (revenue +189.7% year-over-year).
- 2011: Revenue of $25K, expenses of $15K, and assets of $132K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Caring In Our Lifetime:
Data Sources and Methodology
This transparency report for Caring In Our Lifetime 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.