Careity Foundation

Nonprofit profile at a glance

EIN
061704800
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Fort Worth, TX, USA
Phone
8178824100
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Official website

Reported finances

Revenue
$953,953
Expenses
$697,569
Assets
$3,309,487
Liabilities
$4,802

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • LYN WALSH (CEO)
  • BEVERLY BRANCH (PRESIDENT)

People named in this filing

  • LYN WALSH (CEO)
  • BEVERLY BRANCH (PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The diagnosis is just the beginning of a very long journey for many cancer patients. Our goal is to save lives and stay involved, helping and supporting patients through their journey, giving families hope and keeping them focused on healing.

What it reported doing in 2024

Individualized programs and services for the cancer patientcancer patients and their families confront a myriad of needs, from medical care to psychological, spiritual and emotional issues. Each patient faces a unique set of needs. Careity foundation helps to identify specific needs and provide individualized care through supportive clinical services. Impactful programs and beneficial servicesprovided by careity foundationnutritional counseling and supplementsa trained dietician and personalized nutrition plan assist each cancer patient with the weight and nutrition issues that are often caused by chemotherapy, hormonal therapy and radiation therapy.community awareness programs and outreach.opened the careity breast care center circle of care treatment with the goal of having a complete treatment plan within 72 hours rather than multiple meetings over weeks with different specialists. Clinical trials: when possible, cancer patients are given access to clinical trials.psychotherapy counseling: dealing with the emotional issues related to cancer diagnosis, anxiety, grief, stress, anger and fear.pain managementpain, anxiety and drug sensitivities can complicate or intensify the rigor of cancer treatment. Acupuncture and oncology massage, natural treatments for pain and anxiety, ease the patient's journey through treatment.training and educationa cancer diagnosis thrusts caregivers and patients into a complicated and expensive world of medical protocols, diagnostic tests, and more. Resources and support provide urgent information and caring guidance.cancerguide navigationdeveloped by the center for mind-body medicine in Washington, d.c., the cancerguide program provides reliable information on complementary and alternative (cam) therapies. A cancerguide explains options and provides information about therapies and treatments, during and after cancer treatment.chaplain servicesavailable for counseling and comfort for all of our patients.all programs and services are provided by licensed and/or accredited professionals. In almost all cases, services are not covered by insurance, or are cost-prohibitive. Careity foundation believes that these services are essential to effective care for all cancer patients.direct patient services1. Over 7,900 cancer patient visits annually2. 565 gas cards @ $50 each3. Over 925 mammograms, diagnostics, biopsies, and surgical annually.4. 1,500 patients helped with dietary and nutritional services per year.5. 2,500 patient services for psychotherapy, social worker and chaplain per year.

Operating model

Revenue model
Donor-supported. 89% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 92
  • Accountability: 76
  • Sustainability: 82
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.3%; rating input score 73
  • Program expense ratio: 91.2%; rating input score 91
  • Fundraising efficiency: $111.12 raised per $1 spent on fundraising; rating input score 87; 87th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 26.9%; rating input score 82; 82nd percentile among comparable filings
  • Total-asset coverage ratio: 4.74; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 79; 79th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: -0.9% per year; rating input score 0; 15th percentile among comparable filings
  • Revenue growth: 4.1% per year; rating input score 100; 38th percentile among comparable filings
  • Asset growth: 17.1% per year; rating input score 100; 77th percentile among comparable filings

Details

  • Where the money goes: 73.3% of revenue deployed · 91.2% of spending went to programs
  • Governance: 2 of 2 board members independent · 3 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $636K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.