The Caring Place
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
The Caring Place meets the 20 Standards for Charity Accountability.
Stated Purpose:
To provide access to the basic resources and opportunities their neighbors need.
Year, State Incorporated:
2001, TN
The Caring Place offers food, clothing, and social services as well as spiritual support to individuals and households in Bradley and Polk Counties, Tennessee.
For the year ended December 31, 2023, The Caring Place's program expenses were:
| Programs | $1,494,782 |
| Total Program Expenses | $1,494,782 |
Chief Executive
Corinne Freeman, Executive Director
Compensation*
$58,758
Chair of the Board
Eric Garner
Chair's Profession / Business Affiliation
Board Size
17
Paid Staff Size
15
* Compensation includes annual salary and, if applicable, benefit plans, expense accounts and other allowances.
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Radio, Grant proposals, Internet, Planned giving arrangements, Appeals via Social Media (Facebook, etc.), Solicitations for Used Clothing
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.
The following information is based on The Caring Place's IRS Form 990 for the year ended December 31, 2023.
Source of Funds
| Contributions and Grants | $2,233,715 |
| Investment Income | $18,558 |
| Other Revenue8555 | $372 |
| Total Income | $2,252,645 |
Programs: 97% Fundraising: 1% Administrative: 3%
| Total Income | $2,252,645 |
| Total expenses: | $1,546,752 |
| Program expenses | $1,494,782 |
| Fundraising expenses | $11,356 |
| Administrative expenses | $40,614 |
| Other expenses | $0 |
| Income in Excess of Expenses | $705,893 |
| Beginning Net Assets | $2,162,637 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $2,868,530 |
| Total Liabilities | $2,531,107 |
| Total Assets | $5,399,637 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Serving Southeast Tennessee & Northwest Georgia