Kindred Souls Foundation

Analysis

Kindred Souls Foundation is a registered charity in United States, based in Steilacoom, WA. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kindred Souls Foundation reported income of $187k and spending of $139k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $124k to $187k (+51%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 88% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Kindred Souls Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within WA. Charities of a similar size with the same main cause include Orca Conservancy ($187k), Just US Beagles and Friends Inc ($187k) and Better World Rescue ($187k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 30% of the total. At year end it held assets of $248k against liabilities of $2,183, net assets of $246k.