Sean Karl Foundation

Analysis

Sean Karl Foundation is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Sean Karl Foundation reported income of $120k and spending of $10k, leaving 91% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $179k to $120k (-33%), an average of -9.4% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 8.4% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sean Karl Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within TN. Charities of a similar size with the same main cause include Family Futures of Missouri ($120k), Freedom House ($120k) and Megs Gift Inc ($120k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.