THE MINISTRY OF CARING INC

EIN: 510209843 501(c)(3)

WILMINGTON, DE

Total Revenue
$9,981,082
Total Expenses
$10,118,522
Total Assets
$55,020,558
Net Assets
$52,218,901
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
DE
Principal Officer
BR R GIANNONE OFM CAP
Phone
3026525523
Tax Period
2023-01-01 to 2023-12-31

THE MINISTRY OF CARING INC, founded in 1977, is a community nonprofit that reported $10.0M in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Net assets of $52.2M represent 63 months of operating reserves.

Mission

THE MINISTRY OF CARING INC. IS COMMITTED TO SERVING THE ONGOING NEEDS OF THE POOR: FOOD FOR THE HUNGRY, SHELTER, TRANSITIONAL LIVING, AND PERMANENT HOUSING FOR THE HOMELESS, JOBS FOR THE UNEMPLOYED, CLOTHING AND FURNITURE FOR THE NEEDY, CHILD CARE FOR HOMELESS CHILDREN, MEDICAL AND DENTAL SERVICES FOR THE POOR, AND ADVOCACY AS WELL AS OUTREACH FOR THE DISENFRANCHISED.

Program Service Accomplishments

Program 1
Expenses: $1,369,086 Revenue: $737,458

CHILD CARE PROGRAM: THIS PROGRAM PROVIDES QUALITY CARE FOR PRESCHOOL CHILDREN OF HOMELESS OR WORKING POOR FAMILIES, THUS ENABLING PARENTS TO ENTER JOB TRAINING OR OBTAIN EMPLOYMENT. IT OPENED ON...

Read more

CHILD CARE PROGRAM: THIS PROGRAM PROVIDES QUALITY CARE FOR PRESCHOOL CHILDREN OF HOMELESS OR WORKING POOR FAMILIES, THUS ENABLING PARENTS TO ENTER JOB TRAINING OR OBTAIN EMPLOYMENT. IT OPENED ON NOVEMBER 24, 1992 AT 221 NORTH JACKSON STREET, WILMINGTON. DURING 2023, THE PROGRAM PROVIDED 13,322 DAYS OF CHILD CARE TO LOCAL AREA CHILDREN.

Program 2
Expenses: $1,012,326 Revenue: $29,188

HOUSE OF JOSEPH II: THIS PROGRAM PROVIDES A RESIDENCE FOR HOMELESS PEOPLE LIVING WITH AIDS. IT OPENED IN APRIL, 1997 AND IS LOCATED AT 9 WEST 18TH STREET, WILMINGTON. THE RESIDENCE PROVIDES...

Read more

HOUSE OF JOSEPH II: THIS PROGRAM PROVIDES A RESIDENCE FOR HOMELESS PEOPLE LIVING WITH AIDS. IT OPENED IN APRIL, 1997 AND IS LOCATED AT 9 WEST 18TH STREET, WILMINGTON. THE RESIDENCE PROVIDES COMPREHENSIVE CASE MANAGEMENT SERVICES, FOOD SERVICE, AND THROUGH PARTNERSHIP WITH ST. FRANCIS HOSPITAL, ENSURES ACCESS TO COMPLETE MEDICAL CARE. DURING 2023, THE PROGRAM PROVIDED 4,016 NIGHTS OF LODGING TO HOMELESS PERSONS.

Program 3
Expenses: $870,631

MARY MOTHER OF HOPE HOUSE 2/3: THIS PROGRAM CONSISTS OF TWO EMERGENCYSHELTERS FOR WOMEN AND CHILDREN PROVIDING A STABLE ENVIRONMENT OFSUPPORT AND GUIDANCE ALONG WITH NOURISHING WELL BALANCED MEALS...

Read more

MARY MOTHER OF HOPE HOUSE 2/3: THIS PROGRAM CONSISTS OF TWO EMERGENCYSHELTERS FOR WOMEN AND CHILDREN PROVIDING A STABLE ENVIRONMENT OFSUPPORT AND GUIDANCE ALONG WITH NOURISHING WELL BALANCED MEALS FOR 30TO 45 DAYS. THE WOMEN HAVE THE OPPORTUNITY TO ACQUIRE SKILLS IN LIFEMANAGEMENT AND PARENTING. THEIR CHILDREN RECEIVE EDUCATION ANDENRICHMENT. DURING 2023, THE PROGRAM PROVIDED 13,655 NIGHTS OF SHELTER.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,969,065
Program Service Revenue $1,191,021
Investment Income $713,574
Other Revenue $107,422
TOTAL REVENUE $9,981,082

Expense Breakdown

Grants Paid $441,053
Salaries & Benefits $5,975,259
Fundraising Expenses $449,603
Program Expenses $7,640,104
Other Expenses $3,666,853
TOTAL EXPENSES $10,118,522

Year-over-Year Comparison

2023 2022 Change
Revenue $9,981,082 $11,837,825 -0.2%
Expenses $10,118,522 $10,175,385 0.0%
Net Income $-137,440 $1,662,440 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
26
Independent Members
26
Employees
160
Volunteers
310

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$260,736
Total Directors
26
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANK MODESTO MEMBER 2.00
Director
$0 $0 $0
GREGORY VARALLO ESQ MEMBER 2.00
Director
$0 $0 $0
CONSTANCE MCCARTHY MEMBER 2.00
Director
$0 $0 $0
THE HON JAMES M BAKER MEMBER 2.00
Director
$0 $0 $0
DAVID HACK MEMBER 2.00
Director
$0 $0 $0
DANIELLE NOWACZYK ESQ VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
MEGAN MCGLINCHEY TREASURER 2.00
Officer Director
$0 $0 $0
DR GARRETT LYONS MEMBER 2.00
Director
$0 $0 $0
BRENDAN KENNEALEY MEMBER 2.00
Director
$0 $0 $0
MARK L REARDON ESQ MEMBER 2.00
Director
$0 $0 $0
RICHARD GESSNER JR MEMBER 2.00
Director
$0 $0 $0
MARILYN MONAHAN MEMBER 2.00
Director
$0 $0 $0
THE HON ROBERT GILLIGAN MEMBER 2.00
Director
$0 $0 $0
BR RUDOLPH PIERETTI OFM CAP MEMBER 2.00
Director
$0 $0 $0
JOHN SWEENEY MEMBER 2.00
Director
$0 $0 $0
WILLIAM LAFOND PRESIDENT 2.00
Officer Director
$0 $0 $0
KIMBERLEE ORTH MEMBER 2.00
Director
$0 $0 $0
BRIAN KING MEMBER 2.00
Director
$0 $0 $0
JOHN SULLIVAN MEMBER 2.00
Director
$0 $0 $0
MARK CALANDRA SECRETARY 2.00
Officer Director
$0 $0 $0
SYNQUETTE WILKS MEMBER 2.00
Director
$0 $0 $0
MATT DAVIS ESQ MEMBER 2.00
Director
$0 $0 $0
RICHARD FORSTEN ESQ MEMBER 2.00
Director
$0 $0 $0
RABBI PETER GRUMBACHER MEMBER 2.00
Director
$0 $0 $0
DENNIS NEALON MEMBER 2.00
Director
$0 $0 $0
DAVID ROSS MEMBER 2.00
Director
$0 $0 $0
BROTHER RONALD GIANNONE EXECUTIVE DIRECTOR 40.00
Officer
$154,811 $12,706 $167,517
KAREN SMITH CFO 40.00
Officer
$88,617 $4,602 $93,219
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $9,981,082 $10,118,522 $55,020,558 $-137,440
2022 $11,837,825 $10,175,385 $53,466,984 $1,662,440
2021 $18,387,590 $9,413,009 $54,478,470 $8,974,581
2020 $10,374,199 $9,988,563 $47,680,910 $385,636
2019 $11,446,827 $9,855,824 $44,661,002 $1,591,003
2018 $11,654,841 $9,193,644 $40,617,869 $2,461,197
Explore More Nonprofits
Top 100 Nonprofits in Delaware Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE MINISTRY OF CARING INC with other nonprofits in Delaware and across the country.