Nonprofit · EIN 81-4462946
CARECUTS INC
Tax-exempt · KNOXVILLE, TN 37917
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $464,984 | $406,782 | $58,202 | $495,560 | $0 | $495,560 |
| December 31, 2024 | 990 | $706,580 | $392,987 | $313,593 | $423,991 | $0 | $423,991 |
| December 31, 2023 | 990 | $237,384 | $214,163 | $23,221 | $110,398 | $0 | $110,398 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $464,964
- of which government grants
- $5,740
- Program service revenue
- $0
- Investment income
- $20
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $114,451
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $143,268
- Depreciation
- $18,125
- Program services (functional)
- $406,160
- Management and general (functional)
- $622
Balance sheet and other
- Total assets, start of year
- $423,991
- Total assets, end of year
- $495,560
- Total liabilities, end of year
- $0
- Net assets, end of year
- $495,560
- Land, buildings and equipment
- $76,062
- Publicly traded securities
- $126,267
- Net assets without donor restrictions
- $495,560
- Gross receipts
- $464,984
- Employees
- 0
- Volunteers
- 4,386
- Year formed
- 2016
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TODD GRAVES | TREASURER Officer | 5 | $0 |
| PEGGY LUSBY | SECRETARY Officer | 2 | $0 |
| R LARRY SMITH | PRESIDENT Officer | 5 | $0 |
| JAMES TUTTLE | VICE PRESIDE Officer | 5 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERICA RENFREE | TREASURER Officer | 10 | $0 |
| KACHELLE STEIGERWALD | SECRETARY Officer | 1 | $0 |
| JAMES TUTTLE | PRESIDENT Officer | 15 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIM HILL | VICE PRESIDE Officer | 8 | $0 |
| PEGGY LUSBY | TREASURER Officer | 10 | $0 |
| KACHELLE STIEGERWALD | SECRETARY Officer | 2 | $0 |
| MARY KATHERINE WORMSLEY | PRESIDENT Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 519 WILLIAMS ST, KNOXVILLE, TN 37917-7442
- Mailing address (990-N for 2018)
- 5344 Avis Lane, Knoxville TN 37914
- Principal officer (990 for 2025)
- R LARRY SMITH, 519 WILLIAMS STREET, KNOXVILLE, TN 37917
- Principal officer (990-N for 2018)
- Martha LaRue-Baker, 5344 Avis Lane, Knoxville TN 37914
- Signed the 990
- R LARRY SMITH, PRESIDENT
- Phone
- (865) 599-3866
- Website
- HTTPS://CARECUTSKNOX.ORG
- Return prepared by
- PINKSTAFF SIMPSON & HEADRICK PC
Mission
MISSIONS MINISTRY THAT PROVIDES HAIRCUTS TO THE HOMELESS.
Program accomplishments
- PROVIDE FREE HAIRCUTS, GROOMING SERVICES,CLOTHES AND MEALS TO THE LESS FORTUNATE. MORE THAN 1,248 HAIRCUTS HAVE BEEN PROVIDED AND 23,712 MEALS HAVE BEEN SERVED THIS YEAR.Expenses $406,160 · grants $114,451
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-4462946
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P50)
- Assets (IRS master file)
- $495,560
- Income (IRS master file)
- $464,984
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $464,984 | $406,782 | $495,560 | IRS |
| 990 | December 2024 | $706,580 | $392,987 | $423,991 | XML |
| 990 | December 2023 | $237,384 | $214,163 | $110,398 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-N for 2018 Officer: Martha LaRue-Baker | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-4462946).
Questions about CARECUTS INC
- What is the EIN of CARECUTS INC?
- The employer identification number (EIN) of CARECUTS INC is 81-4462946.
- Is CARECUTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to CARECUTS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CARECUTS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CARECUTS INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CARECUTS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of CARECUTS INC?
- The 990 for the year ended December 31, 2025 names R LARRY SMITH.
- Who are the officers and directors of CARECUTS INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does CARECUTS INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $464,984, expenses of $406,782 and total assets of $495,560 at year end.
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