Kodiak Foundation

Analysis

Kodiak Foundation is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in July 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 June 2023, Kodiak Foundation reported income of $694k and spending of $257k, leaving 63% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $323k to $694k (+115%), an average of +115% a year. The sharpest change came in the year to June 2023, when income rose by 115%. Over the whole period it spent 46% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kodiak Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within CO. Charities of a similar size with the same main cause include Castaway Kids Inc ($694k), Sasha Center Inc ($695k) and Family Vision Ministries Inc ($694k).

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 $643k against liabilities of $0, net assets of $643k.