A Caring Closet is a 501(c)(3) organization based in Vancouver, Washington, registered in 2016, with $1,901,092 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.9M
▲ 23.1% vs prior year
Health median: $840K
Expenses (FY2024)
$1.8M
Net assets
$355K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for A Caring Closet— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For A Caring Closet: 2 mo reserves · +4% margin earns a B on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for A Caring Closet— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For A Caring Closet: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $342K (FY2020) to $1.9M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
3.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$355K
Total liabilities
$215
Net assets
$355K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,901,092▲23.1% | $1,834,435▲29.0% | $354,900▲23.1% | $355,115▲23.2% | 990 |
| 2023 | $1,544,478▲202% | $1,422,521▲211% | $288,243▲73.3% | $288,244▲73.2% | 990 |
| 2022 | $510,727▲46.3% | $458,052▲34.8% | $166,286▲46.4% | $166,416▲45.6% | 990 |
| 2021 | $349,197▲2.1% | $339,700▲9.8% | $113,611▲9.1% | $114,278▲9.8% | 990 |
| 2020 | $342,109 | $309,355 | $104,114 | $104,114 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
5 grants to A Caring Closet totaling $38K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Medical Teams International | Help those in need | 2023 | $6,741 |
| The Seattle Foundation | To provide general support. | 2023 | $3,000 |
| The Seattle Foundation | To provide general support. | 2023 | $2,000 |
| The Seattle Foundation | To provide general support. | 2023 | $1,500 |
| Kaiser Foundation Hospitals | Kp unite us grant | 2021 | $24,500 |
Explore more
Data for A Caring Closet (EIN 81-1517903) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.