Kalis Cure for Paralysis Foundation Inc

Analysis

Kalis Cure for Paralysis Foundation Inc is a registered charity in United States, based in Alma, MI. It received its IRS tax-exemption ruling in September 2008, 18 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kalis Cure for Paralysis Foundation Inc reported income of $316k and spending of $308k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $249k to $316k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2022, when income rose by 108%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kalis Cure for Paralysis Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include Friends of Fontaine Inc ($316k), Operation Genesis Inc ($316k) and National Animal Interest Alliance ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $892k against liabilities of $0, net assets of $892k.