KR Global Foundation

Analysis

KR Global Foundation is a registered charity in United States, based in Flower Mound, TX. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, KR Global Foundation reported income of $61k and spending of $17k, leaving 72% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $33k to $61k (+84%), an average of +84% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 24% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, KR Global Foundation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within TX. Charities of a similar size with the same main cause include Boots for Kids ($61k), Destin Womens Club Incorporated ($61k) and Safe Ride Home Program Inc ($61k).

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 $213k against liabilities of $0, net assets of $213k.