Karen Carns Foundation

Analysis

Karen Carns Foundation is a registered charity in United States, based in Mason, OH. It received its IRS tax-exemption ruling in July 2010, 16 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, Karen Carns Foundation reported income of $281k and spending of $121k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $363k to $281k (-22%), an average of -6.2% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Karen Carns Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Service Womens Action Network ($281k), Swim with Heart ($281k) and University Community Social Services Inc ($281k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $16k. At year end it held assets of $742k against liabilities of $0, net assets of $742k.