Easy K Foundation Inc

Analysis

Easy K Foundation Inc is a registered charity in United States, based in Sage, AR. It received its IRS tax-exemption ruling in May 1967, 59 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Easy K Foundation Inc reported income of $1.7m and spending of $1.2m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $346k to $1.7m (+396%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 125%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Easy K Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within AR. Charities of a similar size with the same main cause include Ensemble Espanol ($1.7m), Acaciawood School ($1.7m) and Lander-Grinspoon Academy Solomon SC Hechter Day School ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $113k (9.8% of expenses). Other salaries and wages came to $493k. At year end it held assets of $758k against liabilities of $0, net assets of $758k. It reported 20 employees.