Kwco Cares Inc

Analysis

Kwco Cares Inc is a registered charity in United States, based in Edmond, OK. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Kwco Cares Inc reported income of $225k and spending of $224k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $233k to $225k (-3.3%), an average of -0.8% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kwco Cares Inc sits at the 51st 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 58th percentile within OK. Charities of a similar size with the same main cause include Capital Advocacy Services ($225k), Project Outrun ($225k) and Autism Health Insurance Project Inc ($225k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.