We Carry Kevan

Analysis

We Carry Kevan is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in September 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 (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, We Carry Kevan reported income of $275k and spending of $181k, leaving 34% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $248k to $275k (+11%), an average of +3.5% a year. The sharpest change came in the year to December 2023, when income rose by 169%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, We Carry Kevan sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Rotary Club of Naples Charitable Foundation Inc ($275k), Project Hope Inc ($275k) and 2222 Foundation ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 7.5% of the total. Compensation of current officers, directors and key employees was $38k (21% of expenses). Other salaries and wages came to $40k. At year end it held assets of $214k against liabilities of $6,463, net assets of $208k. It reported 2 employees.