Kcef Foundation Inc

Analysis

Kcef Foundation Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 2006, 20 years ago. 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 June 2023, Kcef Foundation Inc reported income of $266k and spending of $228k, spending 86% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $234k to $266k (+14%), an average of +14% a year. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kcef Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Camp Paquatuck Fundraisers Inc ($266k), Israel Cancer Association USA ($266k) and Sixteenth Century Studies Conference ($266k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $39k (17% of expenses). At year end it held assets of $216k against liabilities of $0, net assets of $216k. It reported 1 employees.