Kindworks Inc

Analysis

Kindworks Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Kindworks Inc reported income of $190k and spending of $178k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $143k to $190k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kindworks Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MD. Charities of a similar size with the same main cause include United Way of Kent County Inc ($190k), United Way of Mon Valley ($190k) and Palm Springs Pathfinders ($190k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $199k against liabilities of $6,585, net assets of $192k.