Teddy Kim Foundation

Analysis

Teddy Kim Foundation is a registered charity in United States, based in Palisades PK, NJ. It received its IRS tax-exemption ruling in May 2018, 8 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, Teddy Kim Foundation reported income of $65k and spending of $48k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $65k (+0.3%), an average of +0.3% a year. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Teddy Kim Foundation sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 33rd percentile within NJ. Charities of a similar size with the same main cause include Wayne County Childrens Christmas Bureau ($65k), 5 Star Legacy Foundation ($65k) and Polack Family Supporting Foundation of the Kline Galland Center ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $132k against liabilities of $0, net assets of $132k.