Kowalskis 4 Kids

Analysis

Kowalskis 4 Kids is a registered charity in United States, based in Edina, MN. It received its IRS tax-exemption ruling in April 2001, 25 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kowalskis 4 Kids reported income of $335k and spending of $269k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $304k to $335k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 113%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kowalskis 4 Kids sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within MN. Charities of a similar size with the same main cause include Hillsborough Concours Delegance Foundation ($335k), Texas Trust Gives ($335k) and Nailba Charitable Foundation ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $2.3m against liabilities of $5,059, net assets of $2.3m.