Karate Can-Do Foundation

Analysis

Karate Can-Do Foundation is a registered charity in United States, based in Glenview, IL. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Karate Can-Do Foundation reported income of $93k and spending of $131k, spending 141% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $146k to $93k (-36%), an average of -36% a year. The sharpest change came in the year to June 2024, when income dropped by 36%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Karate Can-Do Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within IL. Charities of a similar size with the same main cause include Worldly Goods ($93k), Main Gate Counseling Services ($93k) and FR Justus Kabale Education Fund ($93k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.