KBK Relief Foundation

Analysis

KBK Relief Foundation is a registered charity in United States, based in Dearborn HTS, MI. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 June 2023, KBK Relief Foundation reported income of $408k and spending of $423k, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $231k to $408k (+77%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 75%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, KBK Relief Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include Family Support Center of Washington County Utah Incorporated ($408k), Strasburg Community Baseball Inc ($408k) and Inner Peace Homes Incorporated ($408k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.