Kyler Cares Foundation

Analysis

Kyler Cares Foundation is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover health care, 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, Kyler Cares Foundation reported income of $358k and spending of $142k, leaving 60% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $91k to $358k (+295%), an average of +295% a year. The sharpest change came in the year to December 2022, when income rose by 295%. Over the whole period it spent 52% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kyler Cares Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within LA. Charities of a similar size with the same main cause include Community Advocates of Northern Indiana Corp ($357k), Virgin Islands Association of Independent Living Inc ($358k) and Arc of Whatcom County ($357k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $215k against liabilities of $0, net assets of $215k.