Overview

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Est.

1965

Fiscal Year Start

May 1

Organization Type

Grantseeker

AI Summary

ICARE INC is a nonprofit organization dedicated to enabling and assisting low-income individuals and families in attaining essential skills, knowledge, motivation, and opportunities. With an operating budget of $4.7 million and total revenue of $4.5 million for the 2025 filing year, the organization is supported by multiple funders, none of which contribute 50% or more of its revenue. For more information, visit their website at www.icare-inc.org.

Mission Statement

TO ENABLE AND ASSIST LOW-INCOME INDIVIDUALS AND FAMILIES TO ATTAIN SKILLS, KNOWLEDGE, MOTIVATION, AND OPPORTUNITIES
Revenues
$4.5M
Expenses
$4.7M
Net Income:
-$144.4K
Assets
$891.5K
Liabilities
$654.2K
Net Assets:
+$237.3K
Operating Budget
$4.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
4
Median grant size
$12K
Largest grant received
$37.7K
B
Bryan Duncan
Board Member
J
Jacobi Gray
Board Member
R
Rev John McDonald Jr
Board Member

Frequently Asked Questions

What is ICARE INC’s budget?
In 2025, ICARE INC reported an annual operating budget of around $4.7 million. More detailed financial information is available to registered users.
Where does ICARE INC operate?
ICARE INC is headquartered in Statesville, NC.
Who funded ICARE INC recently?
In 2024, ICARE INC received grants from IREDELL COUNTY PARTNERSHIP FOR YOUNG CHILDREN INC, UNITED WAY OF IREDELL COUNTY INC, and VANGUARD CHARITABLE ENDOWMENT PROGRAM. More information on this organization’s funders is available to registered users.
What is the largest grant ICARE INC received in 2024?
The largest grant to ICARE INC in 2024 exceeds $38 thousand.
What is ICARE INC’s reliance on government grants?
ICARE INC relied on government grants for more than 95% of their total revenue in 2025.