Kismet Rock Foundation

Analysis

Kismet Rock Foundation is a registered charity in United States, based in North Conway, NH. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Kismet Rock Foundation reported income of $365k and spending of $191k, leaving 48% of income unspent that year. Across the 3 years on record, from August 2022 to August 2024, income grew from $196k to $365k (+87%), an average of +37% a year. The sharpest change came in the year to August 2024, when income rose by 43%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kismet Rock Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within NH. Charities of a similar size with the same main cause include Magellan Education Foundation Inc ($365k), Tauxemont Cooperative Preschool Inc ($365k) and Bel-Aire Community Partners ($365k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $67k (35% of expenses). Other salaries and wages came to $46k. At year end it held assets of $364k against liabilities of $0, net assets of $364k. It reported 15 employees.