Only Kindness Inc

Analysis

Only Kindness Inc is a registered charity in United States, based in Los Gatos, CA. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Only Kindness Inc reported income of $344k and spending of $354k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $384k to $344k (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Only Kindness Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Tomas Ventures Residence Ltd ($344k), Beth Gavriel DCC Inc ($344k) and Mount Zion Day Care Center Inc ($344k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $101k against liabilities of $29k, net assets of $72k.