Care Ring Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,187,298 | 1,921,694 | 265,604 | 13.1 | 52% |
| 2013 | 1,718,943 | 1,874,433 | −155,490 | 12.6 | 52% |
| 2014 | 2,054,449 | 2,130,412 | −75,963 | 10.9 | 56% |
| 2015 | 2,578,382 | 2,539,156 | 39,226 | 9.3 | 60% |
| 2016 | 3,216,977 | 2,796,852 | 420,125 | 10.2 | 60% |
| 2017 | 2,928,177 | 3,191,733 | −263,556 | 8.0 | 59% |
| 2018 | 3,580,579 | 3,309,848 | 270,731 | 8.8 | 62% |
| 2019 | 3,326,138 | 3,809,767 | −483,629 | 6.2 | 61% |
| 2020 | 4,412,596 | 3,965,890 | 446,706 | 7.3 | 64% |
| 2021 | 4,466,196 | 4,491,677 | −25,481 | 6.6 | 63% |
| 2022 | 5,419,756 | 5,313,183 | 106,573 | 5.7 | 66% |
| 2023 | 5,427,895 | 5,926,402 | −498,507 | 4.1 | 64% |
| 2024 | 9,088,748 | 6,707,643 | 2,381,105 | 8.0 | 60% |
In its most recent public year (2024), this organization brought in $2,381,105 more than it spent. Its reserves stood at about 8 months of spending, down from 13.1 in 2012. Staff pay was 60% of spending. $3,173,992 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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