Kappa Charitable Trust Fund Inc

Analysis

Kappa Charitable Trust Fund Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Kappa Charitable Trust Fund Inc reported income of $113k and spending of $172k, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $90k to $113k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2022, when income rose by 107%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kappa Charitable Trust Fund Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within NC. Charities of a similar size with the same main cause include Flatirons Elementary PTO ($113k), Potter Gray Elementary PTO Inc ($113k) and Allegan All-Sports Booster Club ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. At year end it held assets of $565k against liabilities of $244k, net assets of $320k.