Carson King Foundation

Analysis

Carson King Foundation is a registered charity in United States, based in Waukee, IA. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Carson King Foundation reported income of $68k and spending of $79k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $68k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Carson King Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within IA. Charities of a similar size with the same main cause include Joseph Larosa Jr Foundation Inc ($68k), Kingsburg Cancer Volunteers Inc ($68k) and Barrett-Jackson Charities ($68k).

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 $87k against liabilities of $0, net assets of $87k.