Kaplan Family Foundation Inc

Analysis

Kaplan Family Foundation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in July 1995, 31 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kaplan Family Foundation Inc reported income of $606k and spending of $145k, leaving 76% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $363k to $606k (+67%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 110%. Over the whole period it spent 46% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kaplan Family Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include United Way of Yavapai County Inc ($606k), Big Brothers Big Sisters Lone Star Foundation ($607k) and Sturgeon Bay Visitor & Convention Bureau Inc ($606k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $4.4m against liabilities of $3,293, net assets of $4.4m.