Kut Different

Analysis

Kut Different is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Kut Different reported income of $437k and spending of $304k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $141k to $437k (+210%), an average of +210% a year. The sharpest change came in the year to December 2023, when income rose by 210%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kut Different sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Newport Public Education Foundation ($437k), Extended School Program Inc ($437k) and Elmhurst Montessori Preschool Inc ($437k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $203k. At year end it held assets of $437k against liabilities of $437k, net assets of $0.