The organization's mission is to provide financial and other support to existing 501(c)(3) organizations that could benefit from the creation of a thrift store to help accomplish their exempt purpose mission.

88¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $4K a year · under 1% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
7 mo
of spending, in cash
Looks good: 6.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$515K
-44% vs prior year
Spent
$709K
To programs
88%
Net assets
$2.9M
By yearFY2020–FY2022
Revenue
$515K
FY2022▼ -44%
Tap a bar for its year
Revenue by fiscal year
FY2020$355K
FY2021$924K
FY2022$515K
Expenses
$709K
FY2022▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2020$404K
FY2021$692K
FY2022$709K
Net assets
$2.9M
FY2022▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.9M
FY2021$3.1M
FY2022$2.9M

From the FY2022 Form 990 · see the original

990 PDF Claim
IRS revoked this organization's tax-exempt status on May 15, 2026

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2022. IRS ruling in Dec 2012.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $621K Management & general 12% · $89K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Di
$0Pt VII · Sec A
See Caring Americans Trust Foundation INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps charities start thrift stores to fund their missions.

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Provided by the organization

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1 program · $621K · in their own filed words · FY2022
01

The organization's mission is to provide financial and other support to existing 501(c)(3) organizations that could benefit from the creation of a thrift store to help accomplish their exempt purpose mission.

$621Kprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$515K
Ln 12
Fees for servicesLn 2g$515K
Money outPt IX
$709K
Ln 25
Programscol B$621K
Managementcol C$89K
Owns and owesPt X
$2.9M
net assets · Ln 32
Cash and savingsLn 1–2$388K
Total assetsLn 16$2.9M
LiabilitiesLn 26$0
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$515K
Total revenueLn 12$515K
Assets in detailPt X, end of year
CashLn 1$388K
Cash and savings togetherLn 1–2$388K
Land, buildings, equipmentLn 10c$2.5M
Total assetsLn 16$2.9M
LiabilitiesLn 26$0
Net assetsLn 32$2.9M
OperationsPt I, VI
EmployeesI 510
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$351K$388K
Land, buildings, equipmentLn 10c$2.6M$2.5M
Total assetsLn 16$3.1M$2.9M
LiabilitiesLn 26$0$0
Net assetsLn 32$3.1M$2.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$264K$211K$53K
Other employee benefitsLn 9$10K$10K
Payroll taxesLn 10$25K$20K$5K
Advertising and promotionLn 12$628$502$126
Office expensesLn 13$1K$1K
OccupancyLn 16$46K$36K$9K
Depreciation, depletion and amortizationLn 22$76K$60K$15K
InsuranceLn 23$15K$12K$3K
Other expenses (24a–d)Ln 24$264K$262K$2K
All other expensesLn 24e$7K$6K$1K
Total functional expensesLn 25$709K$621K$89K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest Viewing $515K$709K−$195K$2.9M 990 PDF
FY2021 $924K$692K$231K$3.1M 990 PDF
FY2020 $355K$404K−$48K$2.9M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $514,729 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $484,200$0
I-9 Program service revenuePrior year $439,608$514,729
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $923,808$514,729
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $295,950$299,834
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $396,485$409,646
I-18 Total expensesPrior year $692,435$709,480
I-19 Revenue less expensesPrior year $231,373−$194,751
Part VI · Governance 4 of 4 board members independent, 3 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $514,729 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $514,729$514,729
VIII-12 Total revenueRelated to mission $514,729$514,729
Part IX · Statement of functional expenses $709,480 across 10 lines filed
IX-7 Other salaries and wagesPrograms $211,242 · Management $52,810$264,052
IX-9 Other employee benefitsPrograms $10,428$10,428
IX-10 Payroll taxesPrograms $20,283 · Management $5,071$25,354
IX-12 Advertising and promotionPrograms $502 · Management $126$628
IX-13 Office expensesPrograms $1,448$1,448
IX-16 OccupancyPrograms $36,497 · Management $9,124$45,621
IX-22 Depreciation, depletion and amortizationPrograms $60,433 · Management $15,108$75,541
IX-23 InsurancePrograms $11,982 · Management $2,996$14,978
IX-24 Other expenses (24a–d)Programs $262,254 · Management $1,900$264,154
IX-24e All other expensesPrograms $5,821 · Management $1,455$7,276
IX-25 Total functional expensesPrograms $620,890 · Management $88,590 · Fundraising $0$709,480
Part X · Balance sheet $2,879,938 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $350,628$388,079
X-10c Land, buildings and equipment, netStart of year $2,574,061$2,491,859
X-16 Total assetsStart of year $3,074,689$2,879,938
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $3,074,689$2,879,938
X-32 Total net assets or fund balancesStart of year $3,074,689$2,879,938
X-33 Total liabilities and net assetsStart of year $3,074,689$2,879,938
Part XI · Reconciliation of net assets $2,879,938 net assets at year end
XI-1 Total revenue$514,729
XI-2 Total expenses$709,480
XI-3 Revenue less expenses−$194,751
XI-4 Net assets at start of year$3,074,689
XI-10 Net assets at end of year$2,879,938

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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