Kash Foundation Inc

Analysis

Kash Foundation Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Kash Foundation Inc reported income of $1.3m and spending of $674k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $182k to $1.3m (+636%), an average of +636% a year. The sharpest change came in the year to December 2023, when income rose by 636%. Over the whole period it spent 53% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kash Foundation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within VA. Charities of a similar size with the same main cause include Little Scholars of Detroit ($1.3m), The Smile Trust Inc ($1.3m) and Lorenes Place II ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $748k against liabilities of $31k, net assets of $717k.