Caring Place Incorporated
EIN: 310944075 · Valparaiso, IN
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.5M |
| Net Assets | $3.2M |
Is Caring Place Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Caring Place Incorporated
Caring Place Incorporated (EIN: 310944075) is a nonprofit organization based in Valparaiso, IN. The organization reported total revenue of $1.3M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Caring Place Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Caring Place Incorporated is a mid-size nonprofit that has been operating for 48 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$15K |
| Total Assets | $3.2M |
| Total Liabilities | $13K |
| Net Assets | $3.2M |
| Operating Margin | 1.0% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 26.3 months |
Financial Health Grade: A
In 2023, Caring Place Incorporated reported a surplus of $15K with revenue exceeding expenses, holds 26.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Caring Place Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +73.4% | +37.5% | -12.5% |
| 2022 | -8.3% | +14.4% | -7.5% |
| 2021 | +6.9% | -0.1% | -1.1% |
| 2020 | -40.7% | +8.4% | +-0.0% |
| 2019 | -19.5% | +12.5% | +13.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Caring Place Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Caring Place Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Caring Place Incorporated
Is Caring Place Incorporated a legitimate charity?
Caring Place Incorporated (EIN: 310944075) is a registered tax-exempt nonprofit based in Indiana. It has 14 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. Financial health grade: A.
How does Caring Place Incorporated spend its money?
Caring Place Incorporated reported $1.3M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Caring Place Incorporated tax-deductible?
Caring Place Incorporated is registered as a tax-exempt nonprofit (EIN: 310944075). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Caring Place Incorporated located?
Caring Place Incorporated is headquartered in Valparaiso, Indiana and files with the IRS under EIN 310944075.
How many years of IRS 990 filings does Caring Place Incorporated have?
Caring Place Incorporated has 14 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Caring Place Incorporated showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Caring Place Incorporated's revenue has grown by 136.1%, moving from $631K to $1.5M. Total assets increased by 382.3% over the same period, from $670K to $3.2M. Total functional expenses rose by 138.9%, from $617K to $1.5M. In its most recent filing year (2023), Caring Place Incorporated reported a surplus of $15K, with revenue exceeding expenses. The organization holds $13K in liabilities against $3.2M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.5M | $3.2M | $13K | — | — |
| 2022 | $860K | $1.1M | $3.7M | $34K | — | View 990 |
| 2021 | $938K | $938K | $4.0M | $50K | — | View 990 |
| 2020 | $877K | $939K | $4.0M | $187K | — | View 990 |
| 2019 | $1.5M | $866K | $4.0M | $172K | — | View 990 |
| 2018 | $1.8M | $770K | $3.6M | $385K | — | View 990 |
| 2017 | $2.0M | $781K | $2.5M | $365K | — | View 990 |
| 2016 | $739K | $807K | $1.3M | $461K | — | View 990 |
| 2015 | $934K | $750K | $1.4M | $471K | — | View 990 |
| 2014 | $673K | $693K | $852K | $146K | — | View 990 |
| 2013 | $730K | $663K | $881K | $155K | — | View 990 |
| 2012 | $742K | $604K | $814K | $154K | — | View 990 |
| 2011 | $652K | $632K | $684K | $162K | — | View 990 |
| 2010 | $631K | $617K | $670K | $168K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.5M, and assets of $3.2M (revenue +73.4% year-over-year).
- 2022: Revenue of $860K, expenses of $1.1M, and assets of $3.7M (revenue -8.3% year-over-year).
- 2021: Revenue of $938K, expenses of $938K, and assets of $4.0M (revenue +6.9% year-over-year).
- 2020: Revenue of $877K, expenses of $939K, and assets of $4.0M (revenue -40.7% year-over-year).
- 2019: Revenue of $1.5M, expenses of $866K, and assets of $4.0M (revenue -19.5% year-over-year).
- 2018: Revenue of $1.8M, expenses of $770K, and assets of $3.6M (revenue -8.8% year-over-year).
- 2017: Revenue of $2.0M, expenses of $781K, and assets of $2.5M (revenue +172.9% year-over-year).
- 2016: Revenue of $739K, expenses of $807K, and assets of $1.3M (revenue -20.9% year-over-year).
- 2015: Revenue of $934K, expenses of $750K, and assets of $1.4M (revenue +38.9% year-over-year).
- 2014: Revenue of $673K, expenses of $693K, and assets of $852K (revenue -7.9% year-over-year).
- 2013: Revenue of $730K, expenses of $663K, and assets of $881K (revenue -1.5% year-over-year).
- 2012: Revenue of $742K, expenses of $604K, and assets of $814K (revenue +13.8% year-over-year).
- 2011: Revenue of $652K, expenses of $632K, and assets of $684K (revenue +3.2% year-over-year).
- 2010: Revenue of $631K, expenses of $617K, and assets of $670K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Caring Place Incorporated:
Data Sources and Methodology
This transparency report for Caring Place Incorporated 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.