Kairos Benevolence Fund

Analysis

Kairos Benevolence Fund is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kairos Benevolence Fund reported income of $475k and spending of $348k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $491k to $475k (-3.4%), an average of -3.4% a year. Over the whole period it spent 54% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kairos Benevolence Fund sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within AZ. Charities of a similar size with the same main cause include Berit Shalom Inc ($475k), Pennsylvania Relief Sale ($475k) and World Youth Group ($475k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $59k (17% of expenses). Other salaries and wages came to $9,813. At year end it held assets of $523k against liabilities of $75k, net assets of $448k. It reported 5 employees.