Kara Fund Inc

Analysis

Kara Fund Inc is a registered charity in United States, based in Cicero, NY. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Kara Fund Inc reported income of $82k and spending of $87k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $82k (-12%), an average of -12% a year. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kara Fund Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Childkind International Inc ($82k), Hoop for All Foundation ($82k) and Party for a Lifetime Ltd ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $125k against liabilities of $0, net assets of $125k.