Koc Education Culture and Healthcare Foundation

Analysis

Koc Education Culture and Healthcare Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2019, 7 years ago. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3).

In the financial year ending December 2023, Koc Education Culture and Healthcare Foundation reported income of $142k and spending of $44k, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $146k to $142k (-2.7%), an average of -0.7% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Koc Education Culture and Healthcare Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Foundation for the Developmentally Handicapped ($142k), Wounded Waters Inc ($142k) and Rhode Island Coalition for Children & Families Education Fund Inc ($142k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.