Tom Kowalski Foundation Inc

Analysis

Tom Kowalski Foundation Inc is a registered charity in United States, based in Waterford, MI. It received its IRS tax-exemption ruling in February 2013, 13 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 December 2023, Tom Kowalski Foundation Inc reported income of $134k and spending of $130k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $134k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tom Kowalski Foundation Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within MI. Charities of a similar size with the same main cause include Medford Senior Center ($134k), Society of St Vincent de Paul St Rose Longview Conference ($134k) and Beautiful U Ministries Inc ($134k).

At year end it held assets of $18k against liabilities of $0, net assets of $18k.