Cooperative For Assistance And Relief Everywhere Inc
CARE consistently dedicates a high percentage of spending to programs, despite recent net losses.
EIN: 131685039 · Atlanta, GA · NTEE: Q300 · Updated: 2026-03-28
Is Cooperative For Assistance And Relief Everywhere Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cooperative For Assistance And Relief Everywhere Inc directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cooperative For Assistance And Relief Everywhere Inc
Cooperative For Assistance And Relief Everywhere Inc (EIN: 131685039) is a nonprofit organization based in Atlanta, GA, classified under NTEE code Q300. The organization reported total revenue of $893.9M and total assets of $612.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cooperative For Assistance And Relief Everywhere Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cooperative For Assistance And Relief Everywhere Inc is a major nonprofit that has been operating for 33 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $909.1M |
| Total Expenses | $929.4M |
| Surplus / Deficit | $-20,270,143 |
| Total Assets | $623.0M |
| Total Liabilities | $231.9M |
| Net Assets | $391.1M |
| Operating Margin | -2.2% |
| Debt-to-Asset Ratio | 37.2% |
| Months of Reserves | 8.0 months |
Financial Health Grade: B
In 2024, Cooperative For Assistance And Relief Everywhere Inc reported a deficit of $20.3M with expenses exceeding revenue, holds 8.0 months of operating reserves (strong position), has a debt-to-asset ratio of 37.2% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Cooperative For Assistance And Relief Everywhere Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +2.0% | +-0.0% | -0.5% |
| 2023 | +0.6% | +14.0% | +1.3% |
| 2022 | +18.7% | +15.5% | +5.0% |
| 2021 | +22.5% | +9.0% | +15.9% |
| 2020 | -1.9% | +7.1% | -5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Cooperative For Assistance And Relief Everywhere 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: 7%
- programs: 88%
- fundraising: 5%
According to IRS 990 filings, Cooperative For Assistance And Relief Everywhere Inc allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 37.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with nearly $900 million in annual revenue and over $600 million in assets. This suggests that executive compensation may be structured in a way not reported as 'officer compensation' on the 990, or that key executives are compensated by a related entity, warranting further investigation for full transparency.
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 Cooperative For Assistance And Relief Everywhere Inc's IRS 990 filings:
- Consistent 0% officer compensation reported on 990, which is unusual for an organization of this size and warrants further investigation.
- Reported net losses in the last two fiscal periods (202406 and 202306), indicating expenses exceeded revenue.
Strengths
The following positive indicators were identified for Cooperative For Assistance And Relief Everywhere Inc:
- High program spending ratio (88% in 202406), demonstrating strong commitment to mission.
- Significant and consistent revenue growth over the past decade, indicating strong donor support.
- Substantial asset base ($623 million in 202406) providing financial stability.
- Low fundraising expense ratio (5% in 202406), indicating efficient fundraising.
Frequently Asked Questions about Cooperative For Assistance And Relief Everywhere Inc
Is Cooperative For Assistance And Relief Everywhere Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cooperative For Assistance And Relief Everywhere Inc (EIN: 131685039) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Cooperative For Assistance And Relief Everywhere Inc spend its money?
Cooperative For Assistance And Relief Everywhere Inc directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cooperative For Assistance And Relief Everywhere Inc tax-deductible?
Cooperative For Assistance And Relief Everywhere Inc is registered as a tax-exempt nonprofit (EIN: 131685039). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is CARE a good charity?
Based on its high program spending ratio (88% in 202406) and significant global impact, CARE appears to be an effective charity in delivering on its mission. However, the consistent reporting of 0% officer compensation warrants further inquiry for complete understanding of executive remuneration.
Why does CARE report 0% officer compensation?
The consistent reporting of 0% officer compensation on the IRS 990 is highly unusual for an organization of CARE's scale. This could indicate that executive compensation is paid by a related entity, or structured in a way that does not fall under the 'officer compensation' category on the 990, or that key leadership roles are filled by volunteers, which is unlikely for an organization of this size. Further investigation into their compensation practices would be beneficial for full transparency.
What is the trend in CARE's financial health?
CARE has experienced significant revenue growth, nearly doubling from $529 million in 201506 to $909 million in 202406. While it has reported net losses in the last two periods (e.g., $20.2 million in 202406), its substantial asset base of over $600 million provides financial stability. The long-term trend shows robust growth and strong program delivery.
Filing History
IRS 990 filing history for Cooperative For Assistance And Relief Everywhere Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Cooperative For Assistance And Relief Everywhere Inc's revenue has grown by 56.2%, moving from $582.0M to $909.1M. Total assets increased by 16% over the same period, from $537.0M to $623.0M. Total functional expenses rose by 51.3%, from $614.4M to $929.4M. In its most recent filing year (2024), Cooperative For Assistance And Relief Everywhere Inc reported a deficit of $20.3M, with expenses exceeding revenue. The organization holds $231.9M in liabilities against $623.0M in assets (debt-to-asset ratio: 37.2%), resulting in net assets of $391.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $909.1M | $929.4M | $623.0M | $231.9M | — | — |
| 2023 | $891.6M | $929.4M | $625.9M | $226.3M | — | View 990 |
| 2022 | $886.1M | $815.5M | $618.1M | $189.0M | — | View 990 |
| 2021 | $746.6M | $705.7M | $588.8M | $204.3M | — | View 990 |
| 2020 | $609.3M | $647.2M | $508.1M | $176.1M | — | View 990 |
| 2019 | $621.0M | $604.4M | $538.5M | $162.2M | — | View 990 |
| 2018 | $606.8M | $596.4M | $517.5M | $156.3M | — | View 990 |
| 2017 | $614.4M | $581.6M | $489.3M | $143.7M | — | View 990 |
| 2016 | $526.5M | $538.7M | $470.6M | $168.7M | — | View 990 |
| 2015 | $529.9M | $527.6M | $507.5M | $183.9M | — | View 990 |
| 2014 | $540.3M | $514.7M | $558.6M | $227.3M | — | View 990 |
| 2013 | $490.3M | $509.4M | $522.3M | $215.1M | — | View 990 |
| 2012 | $557.5M | $582.7M | $421.7M | $100.3M | — | View 990 |
| 2011 | $582.0M | $614.4M | $537.0M | $181.5M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $909.1M, expenses of $929.4M, and assets of $623.0M (revenue +2.0% year-over-year).
- 2023: Revenue of $891.6M, expenses of $929.4M, and assets of $625.9M (revenue +0.6% year-over-year).
- 2022: Revenue of $886.1M, expenses of $815.5M, and assets of $618.1M (revenue +18.7% year-over-year).
- 2021: Revenue of $746.6M, expenses of $705.7M, and assets of $588.8M (revenue +22.5% year-over-year).
- 2020: Revenue of $609.3M, expenses of $647.2M, and assets of $508.1M (revenue -1.9% year-over-year).
- 2019: Revenue of $621.0M, expenses of $604.4M, and assets of $538.5M (revenue +2.3% year-over-year).
- 2018: Revenue of $606.8M, expenses of $596.4M, and assets of $517.5M (revenue -1.2% year-over-year).
- 2017: Revenue of $614.4M, expenses of $581.6M, and assets of $489.3M (revenue +16.7% year-over-year).
- 2016: Revenue of $526.5M, expenses of $538.7M, and assets of $470.6M (revenue -0.6% year-over-year).
- 2015: Revenue of $529.9M, expenses of $527.6M, and assets of $507.5M (revenue -1.9% year-over-year).
- 2014: Revenue of $540.3M, expenses of $514.7M, and assets of $558.6M (revenue +10.2% year-over-year).
- 2013: Revenue of $490.3M, expenses of $509.4M, and assets of $522.3M (revenue -12.1% year-over-year).
- 2012: Revenue of $557.5M, expenses of $582.7M, and assets of $421.7M (revenue -4.2% year-over-year).
- 2011: Revenue of $582.0M, expenses of $614.4M, and assets of $537.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cooperative For Assistance And Relief Everywhere Inc:
Data Sources and Methodology
This transparency report for Cooperative For Assistance And Relief Everywhere 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.