Kasper Cares Inc

Analysis

Kasper Cares Inc is a registered charity in United States, based in Palm Beach Gardens, FL. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kasper Cares Inc reported income of $105k and spending of $99k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $26k to $105k (+306%), an average of +306% a year. The sharpest change came in the year to December 2023, when income rose by 306%. Over the whole period it spent 130% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kasper Cares Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Wakefield Rotary Charitable Foundation Inc ($105k), Book Across the Bay Inc ($105k) and Ayzar Outreach Inc ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.