Kadlec Foundation

Analysis

Kadlec Foundation is a registered charity in United States, based in Richland, WA. It received its IRS tax-exemption ruling in February 1969, 57 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 December 2023, Kadlec Foundation reported income of $2.7m and spending of $5.0m, spending 185% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.5m to $2.7m (-39%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 51% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kadlec Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WA. Charities of a similar size with the same main cause include Vwe Properties Corporation ($2.7m), United Services for Children ($2.7m) and Kingsway Services Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. Other salaries and wages came to $3,003. At year end it held assets of $39.6m against liabilities of $3.4m, net assets of $36.2m.