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DEMOGRAPHIC

ADDRESS
PO BOX 705
28640
COUNTY
ashe county, NC
IN CARE OF NAME
MICHAEL SEXTON

ORGANIZATIONAL OVERVIEW & RANKINGS

CARE NETWORK INC is a based in JEFFERSON, NC, focused on Human Services - Multipurpose and Other causes , specifically Emergency Assistance (Food, Clothing, Cash). Established in March 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $18,248.00, this ranks 660,259 among 2,656,690 nonprofits nationally (Top 25%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 16,968 out of 80,207 organizations in NC (Top 22%).

In ashe county, NC, the organization ranks 58 out of 219 nonprofits by assets (Top 20%), while locally in jefferson, it stands at 17 among 59 organizations (Top 17%).

The organization reported annual revenue of $42,647.00, ranking 513,761 nationally (Top 20%) and 14,518 in NC (Top 19%).

Within its specific NTEE classification (P60 - P: Human Services - Multipurpose and Other), which includes 7,887 similar organizations, CARE NETWORK INC ranks 1,618 in assets (Top 21%) and 1,463 in revenue (Top 19%).

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a May fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
P: Human Services - Multipurpose and Other
NTEE CODE
P60: Emergency Assistance (Food, Clothing, Cash)
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
06/2024
ACCOUNTING PERIOD
06
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$42,647.00
FORM 990 REVENUE AMOUNT
$42,647.00
RULING DATE
03/2020
ASSET CODE
2: $10,000 to $24,999
ASSET AMOUNT
$18,248.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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