Kehe Cares Foundation Inc

Analysis

Kehe Cares Foundation Inc is a registered charity in United States, based in Naperville, IL. It received its IRS tax-exemption ruling in November 2016, 10 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Kehe Cares Foundation Inc reported income of $4.3m and spending of $2.6m, leaving 39% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income grew from $2.1m to $4.3m (+101%), an average of +101% a year. The sharpest change came in the year to December 2020, when income rose by 101%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kehe Cares Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include Preparatory Foundation Inc ($4.3m), Mikeroweworks Foundation ($4.3m) and Giving Forward Inc ($4.3m).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.5m against liabilities of $46k, net assets of $2.4m.