Kevin Cordasco Foundation Inc

Analysis

Kevin Cordasco Foundation Inc is a registered charity in United States, based in West Hills, CA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kevin Cordasco Foundation Inc reported income of $105k and spending of $136k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $105k (+131%), an average of +131% a year. The sharpest change came in the year to December 2023, when income rose by 131%. Over the whole period it spent 153% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kevin Cordasco Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Winter Haven Hospital Auxiliary Inc ($105k), Colorado Institute of Familymedicine ($105k) and Care Partners ($105k).

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 $72k against liabilities of $0, net assets of $72k.