Kelly Cares Foundation

Analysis

Kelly Cares Foundation is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in February 2011, 15 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, Kelly Cares Foundation reported income of $246k and spending of $204k, spending 83% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $1.2m to $246k (-79%), an average of -40% a year. The sharpest change came in the year to December 2023, when income rose by 375%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kelly Cares Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within IN. Charities of a similar size with the same main cause include Suits to Careers Inc ($246k), Ironpigs Charities ($246k) and Donald and Evelyn Bensman Foundation Inc ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $92k (45% of expenses). At year end it held assets of $281k against liabilities of $2,261, net assets of $279k. It reported 1 employees.