CARE RING INC

CHARLOTTE, NC, 28206-3022 (704) 375-0172 Est. 1955 EIN 56-0621073

E320— Health Care Form 990 501(c)(3)

Mission

To empower individuals with limited resources to establish and maintain good health.

Total Revenue

$7,750,894

Total Expenses

$7,042,129

Net Assets

$5,195,008

96 employees 1,638 volunteers

From latest filing (tax period ending 2025-06-30)

Operating Reserve

8.9 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 14.7%

Expenses ↑ 5.0%

Revenue Sources

Contributions 97.8% Earned revenue 1.5% Investment 0.6%

Expense Breakdown

Program 82.3% Management 13.1% Fundraising 4.6%

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Year	Revenue	Expenses	Net Assets
2024 Form 990	$7,750,894 ↓	$7,042,129	$5,195,008
2023 Form 990	$9,088,748 ↑	$6,707,643	$4,452,029
2022 Form 990	$5,427,895 ↑	$5,926,402	$2,043,007
2020 Form 990	$4,466,196 ↑	$4,491,677	$2,456,276
2019 Form 990	$4,412,596 ↑	$3,965,890	$2,397,134
2018 Form 990	$3,326,138	$3,809,767	$1,953,545