Kassiekares Inc

Analysis

Kassiekares Inc is a registered charity in United States, based in Fishers, IN. It received its IRS tax-exemption ruling in May 2018, 8 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, Kassiekares Inc reported income of $52k and spending of $46k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $237k to $52k (-78%), an average of -32% a year. The sharpest change came in the year to December 2021, when income rose by 109%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kassiekares Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within IN. Charities of a similar size with the same main cause include Deer Park High School Band Booster Club ($52k), Randy Walker Legacy Foundation ($52k) and Exchange Club of Charleston Foundation Inc ($52k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $161k against liabilities of $0, net assets of $161k.