Kevin Harvick Foundation

Analysis

Kevin Harvick Foundation is a registered charity in United States, based in Harrisburg, NC. It received its IRS tax-exemption ruling in March 2010, 16 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, Kevin Harvick Foundation reported income of $1.1m and spending of $716k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $891k to $1.1m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 59% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kevin Harvick Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Triumph Foundation ($1.1m), Psychotherapy & Spirituality Institute Inc ($1.1m) and Gemma Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $3.0m against liabilities of $58k, net assets of $2.9m.