Kirsch Foundation

Analysis

Kirsch Foundation is a registered charity in United States, based in Los Altos, CA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Kirsch Foundation reported income of $910k and spending of $997k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.2m to $910k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kirsch Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Sick Cells ($910k), Parents Resource Institute for Drug Education Inc of Tuscaloosa ($910k) and Childrens Craniofacial Association ($909k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $125k (13% of expenses). Other salaries and wages came to $41k. At year end it held assets of $88k against liabilities of -$450, net assets of $88k. It reported 2 employees.