Kolker Saxon Family Foundation Inc

Analysis

Kolker Saxon Family Foundation Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in July 1989, 37 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kolker Saxon Family Foundation Inc reported income of $155k and spending of $180k, spending 116% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $297k to $155k (-48%), an average of -20% a year. The sharpest change came in the year to June 2021, when income dropped by 36%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kolker Saxon Family Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within MD. Charities of a similar size with the same main cause include Gandhian Society Inc ($155k), The League to Aid Abused Children and Adults Inc ($155k) and Shamrock 555 Foundation ($155k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.