Kado Inc

Analysis

Kado Inc is a registered charity in United States, based in Cape Charles, VA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Kado Inc reported income of $69k and spending of $72k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $75k to $69k (-7.4%), an average of -7.4% a year. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kado Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within VA. Charities of a similar size with the same main cause include Society of Radiologists in Ultrasound Foundation ($69k), Building Equal Bridges Inc ($69k) and St Albans for the Future Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,607 against liabilities of $0, net assets of $1,607.