Kahrizak Foundation

Analysis

Kahrizak Foundation is a registered charity in United States, based in Saratoga, CA. It received its IRS tax-exemption ruling in June 1999, 27 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, Kahrizak Foundation reported income of $1.1m and spending of $930k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $760k to $1.1m (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2023, when income rose by 20%. 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, Kahrizak Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Great Wall China Adoption Inc ($1.1m), Marthas Vineyard Center for Living Inc ($1.1m) and Take the Next Step ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Other salaries and wages came to $567k. At year end it held assets of $2.9m against liabilities of $0, net assets of $2.9m. It reported 19 employees.