B — EducationEIN: 640823550

Cares Center INC

Jackson, Mississippi

B+Health Score
71B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.25×
Peer Median9.48×
💰
$21.5M
Total Revenue
📊
$19.7M
Total Expenses
🏦
$4.9M
Net Assets
📋
$4.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.8%
Year-over-year change (2022 → 2023)
Net Margin
+8.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.25
Net assets divided by total expenses
Liabilities-to-Assets
45.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$21,496,088↑7%$19,703,015↑14%$9,029,600↑4%
2022$20,118,563↑18%$17,222,051↑14%$8,704,114↑255%
2021$17,114,688↑26%$15,066,200↑6%$2,449,159↓4%
2020$13,590,939↓2%$14,209,981↑1%$2,539,209
2019$13,898,783↑3%$14,017,823↑7%$2,540,965↑5%
2018$13,437,981↓14%$13,153,429↓19%$2,421,302↑27%
2017$15,576,392↑1%$16,253,285↑3%$1,906,608↓21%
2016$15,365,078↑5%$15,783,753↑12%$2,415,569
2015$14,576,213↑3%$14,044,940↓3%$2,411,843↓20%
2014$14,109,916↑5%$14,508,692↑4%$2,998,862↑2%
2013$13,380,107↑1%$13,903,269$2,943,426↑1%
2012$13,247,112↑6%$13,871,772↑7%$2,914,933
2011$12,537,769$12,981,585$2,928,338

Frequently Asked Questions

What does Cares Center INC do?▼

Cares Center INC is a education nonprofit organization based in Mississippi. It is classified under NTEE code B28Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Cares Center INC financially healthy?▼

Based on our 9-metric Financial Health Score model, Cares Center INC has a score of 71/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Cares Center INC generate?▼

Cares Center INC reports $22.8M in annual revenue and holds $9.0M in total assets, based on IRS filings.

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