Kate Amato Foundation Inc

Analysis

Kate Amato Foundation Inc is a registered charity in United States, based in Jax BCH, FL. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 2022, Kate Amato Foundation Inc reported income of $108k and spending of $142k, spending 132% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $130k to $108k (-17%), an average of -6.0% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 127% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kate Amato Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Drayton Volunteer Ambulance Association ($108k), New Hope Alano Group Inc ($108k) and Invisible Disabilities Association ($108k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 22% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.