Calipari Foundation Inc

Analysis

Calipari Foundation Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in September 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 (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, Calipari Foundation Inc reported income of $225k and spending of $175k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $665k to $225k (-66%), an average of -24% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 108% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Calipari Foundation Inc 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 56th percentile, and in the 56th percentile within KY. Charities of a similar size with the same main cause include Olad ($225k), Louisiana Foundation for Excellence in Science Technology and Educatn ($225k) and Foundation of James Madison High School Inc ($225k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $90k. At year end it held assets of $124k against liabilities of $0, net assets of $124k. It reported 2 employees.