Kodiakcare Corporation

Analysis

Kodiakcare Corporation is a registered charity in United States, based in Simsbury, CT. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Kodiakcare Corporation reported income of $479k and spending of $597k, spending 125% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $282k to $479k (+70%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 103% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Kodiakcare Corporation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within CT. Charities of a similar size with the same main cause include Lovejoy Foundation Inc ($479k), Cove Animal Rescue Corporation ($479k) and Bottle Babies Rescue ($479k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $161k against liabilities of $0, net assets of $161k.