Kuchan Foundation

Analysis

Kuchan Foundation is a registered charity in United States, based in Bloomington, IL. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kuchan Foundation reported income of $85k and spending of $12k, leaving 86% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $20k to $85k (+335%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 212%. Over the whole period it spent 26% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kuchan Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within IL. Charities of a similar size with the same main cause include Project Amazonas Inc ($85k), New Samaritan Development Corporation ($85k) and Rendezvous in Moscow Inc ($85k).

At year end it held assets of $597k against liabilities of $0, net assets of $597k.