KBP Cares Inc

Analysis

KBP Cares Inc is a registered charity in United States, based in Leawood, KS. It received its IRS tax-exemption ruling in March 2015, 11 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, KBP Cares Inc reported income of $1.2m and spending of $712k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $432k to $1.2m (+172%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, KBP Cares Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within KS. Charities of a similar size with the same main cause include Ryans Reach ($1.2m), Dickinson Area Communtiy Foundation ($1.2m) and E Phil & Roberta Kirschner Affilated Fund of the Oklahoma Cit ($1.2m).

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 $155k. At year end it held assets of $809k against liabilities of $68k, net assets of $741k. It reported 3 employees.