BBB Charity Review

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BBB Reliability Report for

I Care, Inc.


This BBB Accredited Charity meets all 20 Standards for Charity Accountability.
BBB issues Charity Reports on all organizations, whether or not they are BBB accredited. If an organization is a BBB Accredited Charity, it is stated in this report.
Name: I Care, Inc.
Phone: (704) 872-8141
Fax: (704) 871-1299
Address: 412 Winston Ave
Statesville, NC 28677-6666
Website: www.icare-inc.org
Report Creation Date: January 9, 2014
Report Expiration Date: January 9, 2016
Principal: Mr. Bryan Duncan, Executive Director
Customer Contact: Mr. Bryan Duncan, Executive Director - (704) 872-8141
File Open Date: September 2008
Type of Business: Charity - Local

Stated Purpose

I Care Inc. provides educational, employment, and financial assistance to low income residents of Iredell and Lincoln Counties of North Carolina.


Evaluation Conclusions

This organization has been evaluated according to the 20 BBB Standards for Charity Accountability. This organization meets all those Standards and is a BBB Accredited Charity.


Programs

I Care, Inc. is a private not-for-profit human services agency chartered in 1965 under the laws of the State of North Carolina and was organized to administer federally funded programs and provide educational, employment, and financial assistance to low income residents of Iredell and Lincoln counties of North Carolina.

Total Program Expenses:$4,247,976

Governance

Chief Executive Officer:Bryan Duncan, Executive Director
Board Size:18
Paid Staff Size:330 Full Time.

Fund Raising

Method(s) Used:I Care Inc.'s fundraising methods include government contributions and grants.


Tax Status

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.


Financial

According to I Care, Inc.'s IRS 990 for the year ended April 30, 2009:

Income
 Total Income:$4,238,241
 
Expenses  % of total
Expenses
% of total
Income
 Programs:$4,247,976 99.95%100.23%
 Fund Raising:$0 0.00%0.00%
 Administrative:$2,194 0.05%0.05%
 Other:$0 0.00%0.00%
 Total Expenses:$4,250,170
 
* Excess of Expenses over Income$11,929
Ending Net Assets:$279,784
Total Assets$799,766
Total Liabilities$519,982

* Excess for the year indicates the portion of income remaining after expenses.


Additional Contact Information

Additional Addresses
PO Box 7049
Statesville, NC  28687-7049


ID: 212378
Report as of March 29, 2015 23:08
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