BBB Charity Review

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BBB Reliability Report for

Care and Share, Inc.


A BBB Accredited Charity since 06/24/2004.


This BBB Accredited Charity meets all 20 Standards for Charity Accountability and is a Seal Holder.
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: Care and Share, Inc.
Phone: (719) 528-1247
Address: 2605 Preamble Pt
Colorado Springs, CO 80915-1200
Website: www.careandshare.org
www.twitter.com/careandsharefb
Report Creation Date: November 3, 2015
Report Expiration Date: November 3, 2017
Original Business Start Date: October 1974
Principal: Lynne Telford, President/CEO
Customer Contact: Lynne Telford, President/CEO - (719) 528-1247
Entity: Corporation
Incorporated: October 1974, CO
Type of Business: Charity - Local, Charity - Human Services (i.e. assistance to individuals & families), Non Profit Organizations - General Membership
BBB Accreditation: Care and Share, Inc. is a BBB Accredited Charity.

Additional DBA Names

Care and Share Food Bank for Southern Colorado

Stated Purpose

At Care and Share Food Bank, our core purpose is to bridge the gap between hunger and abundance. Our mission is to provide food, partnering opportunities, and education to combat hunger and food insecurity in Southern Colorado communities. Our vision is an end to hunger in Southern Colorado.


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.


BBB Charity Seal Participation

Charities that meet the Standards for Charity Accountability are eligible to participate in BBB Wise Giving Alliance Charity Seal program. The seal, which can be displayed on the charity's web site and in printed materials, helps inform the public that the charity meets these standards. This organization participates in this program.


Programs

Care and Share Food Bank provides food to their partner agencies across Southern Colorado and to neighbors in need.

Care and Share exists to ensure that the one in seven Southern Coloradoans at risk of hunger have access to enough healthy and nutritious food to thrive. We know that children without adequate access to food cannot develop successfully, families cannot plan for their future, and seniors find it more difficult to remain independent.

Total Program Expenses:$35,564,955

Governance

Chief Executive Officer:Lynne Telford, President and CEO
Chair of the Board:Jim Hendren
Chair's Profession / Business Affiliation:Owner, La-Z-Boy Furniture Galleries
Board Size:12
Paid Staff Size:39 Full Time. 6 Part Time.

Fund Raising

Method(s) Used:Direct Mail Appeals, Invitations to Fund Raising Events, Television, Radio, Grant Proposals, Internet, and Planned Giving Arrangements.


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 Care and Share, Inc.'s Audited financial statements for the year ended June 30, 2015:

Income
 Total Income:$38,134,537
 
Expenses  % of total
Expenses
% of total
Income
 Programs:$35,564,955 95.19%93.26%
 Fund Raising:$1,015,821 2.72%2.66%
 Administrative:$780,479 2.09%2.05%
 Other:$0 0.00%0.00%
 Total Expenses:$37,361,255
 
Excess of Income over Expenses$773,282
Ending Net Assets:$9,905,746

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


Additional Contact Information

Additional Addresses
100 Greenhorn Dr #100
Pueblo, CO  81004-3876


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Industry Tips

Charity Giving

The BBB encourages wise giving by offering the following suggestions:

Do not be pressured to give money on the spot. Investigate first. Look at the name carefully. Some charity names sound the same but are not. Do not hesitate to ask the charity to provide detailed, written information about its programs and finances.

Whether you're approached by email, telephone or in person, be VERY wary of high-pressure, donate NOW pitches.

Avoid "charities" whose representatives won't answer reasonable questions, such as (specifically) how the money will be spent.

And NEVER give cash or supply credit card information via email or phone. Don't write checks payable to an individual solicitor. If you've never heard of an organization, confirm for yourself that it's real.


ID: 52867671
Report as of July 30, 2016 18:32
Copyright© 2016 Better Business Bureau


An organization may change its practices at any time without notice. Donors must decide for themselves the significance of any variation from BBB Standards, taking into account the relative importance of the practice in question in the context of the organization's total performance.

This report reflects the results of an evaluation of informational materials provided voluntarily by the organization. The report is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgement.

This report is not to be used for fund raising or promotional purposes.