Kator Foundation

Analysis

Kator Foundation is a registered charity in United States, based in Simi Valley, CA. It received its IRS tax-exemption ruling in November 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, Kator Foundation reported income of $56k and spending of $68k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $56k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 112% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kator Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include Pomegranate Foundation ($56k), Dr John E Upledger Foundation Inc ($56k) and Wood County Plays Inc ($56k).

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 $8,991 against liabilities of $0, net assets of $8,991.