K-Tech Charities Inc

Analysis

K-Tech Charities Inc is a registered charity in United States, based in Weston, WI. It received its IRS tax-exemption ruling in March 2008, 18 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 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, K-Tech Charities Inc reported income of $79k and spending of $82k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $63k to $79k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, K-Tech Charities Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within WI. Charities of a similar size with the same main cause include Galveston Island Oktoberfest Inc ($79k), Augusta County Fire-Rescue Inc ($79k) and Indian Rocks Rotary Foundation Inc ($79k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% of the total. At year end it held assets of $204k against liabilities of $0, net assets of $204k.