Karis Community

Analysis

Karis Community is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 1976, 50 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 June 2024, Karis Community reported income of $754k and spending of $661k, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $509k to $754k (+48%), an average of +10% a year. The sharpest change came in the year to June 2024, when income rose by 16%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Karis Community sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within CO. Charities of a similar size with the same main cause include Wesley Child Care Center Inc ($754k), Habitat for Humanity International Inc ($754k) and Vilaseca Josephine Center Inc ($754k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $96k (14% of expenses). Other salaries and wages came to $272k. At year end it held assets of $2.1m against liabilities of $38k, net assets of $2.0m. It reported 12 employees.