JKV Foundation Inc

Analysis

JKV Foundation Inc is a registered charity in United States, based in Orange City, FL. It received its IRS tax-exemption ruling in May 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, JKV Foundation Inc reported income of $217k and spending of $225k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $321k to $217k (-32%), an average of -9.3% a year. The sharpest change came in the year to December 2022, when income dropped by 102%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, JKV Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Eighth Day Farm Inc ($217k), Hope for the Future Inc ($217k) and Giddo Simon Ministries ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $7.6m against liabilities of $0, net assets of $7.6m.