Kaccoc Foundation

Analysis

Kaccoc Foundation is a registered charity in United States, based in Buena Park, CA. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Kaccoc Foundation reported income of $1.2m and spending of $1.3m, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $558k to $1.2m (+116%), an average of +116% a year. The sharpest change came in the year to December 2023, when income rose by 116%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kaccoc Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Global Innovation Districts Inc ($1.2m), Uwm Research Foundation Inc ($1.2m) and St Joseph Community Co-Op Inc ($1.2m).

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 $107k. At year end it held assets of $268k against liabilities of $0, net assets of $268k. It reported 6 employees.