KFK Foundation Inc

Analysis

KFK Foundation Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in February 1988, 38 years ago. 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 December 2023, KFK Foundation Inc reported income of $454k and spending of $511k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $359k to $454k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income rose by 423%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, KFK Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Monroe Early Childhood Association Inc ($454k), Valid Vote Inc ($455k) and Literacy Council of Norristown Inc ($454k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $53k. At year end it held assets of $111k against liabilities of $24k, net assets of $87k. It reported 6 employees.