Karry Carrasco Foundation

Analysis

Karry Carrasco Foundation is a registered charity in United States, based in Palm Harbor, FL. It received its IRS tax-exemption ruling in August 2019, 7 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 2022, Karry Carrasco Foundation reported income of $255k and spending of $260k, spending 102% of its income. Across the 2 years on record, from December 2019 to December 2022, income fell from $289k to $255k (-12%), an average of -12% a year. Over the whole period it spent 62% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Karry Carrasco Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Kansas Childrens Service League Foundation ($255k), Aqume Foundation ($255k) and United Power Round Up Foundation ($255k).

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 $206k against liabilities of $16k, net assets of $190k.