Foundation for Random Acts of Kindness Inc

Analysis

Foundation for Random Acts of Kindness Inc is a registered charity in United States, based in Cocoa, FL. It received its IRS tax-exemption ruling in January 2021, 5 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 (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, Foundation for Random Acts of Kindness Inc reported income of $104k and spending of $107k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $104k (+100%), an average of +100% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 110% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Foundation for Random Acts of Kindness Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Krewe of Priscus Inc ($104k), Sertoma Inc ($104k) and Silver Shadow ($104k).

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 $7,933 against liabilities of $1,043, net assets of $6,890.