Kaps Foundation

Analysis

Kaps Foundation is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kaps Foundation reported income of $102k and spending of $227k, spending 223% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income grew from $18k to $102k (+454%), an average of +53% a year. The sharpest change came in the year to December 2021, when income rose by 768%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kaps Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within OK. Charities of a similar size with the same main cause include South Umpqua Booster Club ($102k), Catalyst Fund ($102k) and Kalihi Community Center ($102k).

At year end it held assets of $4.0m against liabilities of $0, net assets of $4.0m.