Kkac Organization

Analysis

Kkac Organization is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, 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 June 2023, Kkac Organization reported income of $1.6m and spending of $1.4m, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $424k to $1.6m (+272%), an average of +55% a year. The sharpest change came in the year to June 2023, when income rose by 163%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kkac Organization sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within AR. Charities of a similar size with the same main cause include South Carolina Foster Parent Assn ($1.6m), Families Behind the Badge Childrens Foundation ($1.6m) and Simchas Kallah Inc ($1.6m).

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 $140k (10% of expenses). Other salaries and wages came to $465k. At year end it held assets of $690k against liabilities of $32k, net assets of $658k. It reported 13 employees.