Kangaroos Korner Inc

Analysis

Kangaroos Korner Inc is a registered charity in United States, based in Watertown, CT. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Kangaroos Korner Inc reported income of $758k and spending of $746k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $539k to $758k (+41%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kangaroos Korner Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within CT. Charities of a similar size with the same main cause include Volusia Recovery Alliance Inc ($758k), Southwestern Colorado Area Health Education Center Inc ($758k) and Higher Ground Recovery Center ($758k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $55k (7.3% of expenses). Other salaries and wages came to $412k. At year end it held assets of $180k against liabilities of $72k, net assets of $109k. It reported 21 employees.