Keris Kares Incorporated

Analysis

Keris Kares Incorporated is a registered charity in United States, based in Newnan, GA. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Keris Kares Incorporated reported income of $92k and spending of $90k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $86k to $92k (+7.0%), an average of +1.7% a year. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Keris Kares Incorporated sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within GA. Charities of a similar size with the same main cause include Arizonas Childrens Charities Inc ($92k), Prevail Foundation Inc ($92k) and Cameron Kiecke Memorial Foundation ($92k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.