I Care Corporation is a 501(c)(3) organization based in Islamorada, Florida, registered in 2021, with $958,432 in FY2025 revenue. CharityIndex grades it B.
Revenue (FY2025)
$958K
▲ 42.6% vs prior year
Environment median: $250K
Expenses (FY2025)
$759K
Net assets
$602K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 I Care Corporation— 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 I Care Corporation: 10 mo reserves · +21% margin earns a A 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 I Care Corporation— 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 I Care Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $269K (FY2021) to $958K (FY2025) across 5 reported years.
Financial snapshot
Operating margin
20.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$611K
Total liabilities
$9,166
Net assets
$602K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $958,432▲42.6% | $759,371▲50.8% | $601,956▲64.2% | $611,122▲64.1% | 990 |
| 2024 | $672,338▲101% | $503,440▲37.2% | $366,516▲74.3% | $372,500▲72.5% | 990 |
| 2023 | $334,128▲2.0% | $366,857▲37.5% | $210,231▼10.4% | $215,971▼10.6% | 990 |
| 2022 | $327,733▲21.9% | $266,779▲168% | $234,633▲38.6% | $241,498▲42.6% | 990 |
| 2021 | $268,830 | $99,524 | $169,306 | $169,306 | 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.
13 grants to I Care Corporation totaling $932K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Foundation For Northeast Florida Inc | To fund restoring and maintaining coral reef communities in the florida keys | 2024 | $650,000 |
| Paypal Charitable Giving Fund | General support | 2024 | $8,238 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $60,450 |
| Paypal Charitable Giving Fund | — | 2023 | $53,912 |
| Mote Marine Laboratory | Protect our reefs grant | 2023 | $22,039 |
| Donor Advised Charitable Giving | Environmental and animals | 2023 | $16,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $30,550 |
| Mote Marine Laboratory | Protect our reefs grant | 2022 | $7,182 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $31,100 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $31,100 |
| Mote Marine Laboratory | Protect our reefs grant | 2021 | $7,453 |
| American Online Giving Foundation Inc | General support | 2021 | $6,038 |
| Mote Marine Laboratory | Protect our reefs grant | 2020 | $7,453 |
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Data for I Care Corporation (EIN 86-1391515) 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.