Joe Kocur Foundation for Children Inc

Analysis

Joe Kocur Foundation for Children Inc is a registered charity in United States, based in Highland, MI. It received its IRS tax-exemption ruling in February 2012, 14 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, Joe Kocur Foundation for Children Inc reported income of $195k and spending of $188k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $147k to $195k (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2021, when income rose by 289%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Joe Kocur Foundation for Children Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Bear Foundation ($195k), Century Music Boosters Inc ($195k) and Best Robotics Inc ($195k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $124k against liabilities of $663, net assets of $123k.