Nonprofit screen
Screen a listKarat Place Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$113krevenue
FY2024 · −22% in 3 yrs3staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−10.9%
Months of reserve0.1mo
Revenue growth (annualized)−0.3%
Middle half of peersMedianKarat Place
Where the money goes FY2024 · $125k spent
Programs$115k92%Management and general$11k8%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$13k in FY2022 and −$12k in FY2024. Cash covers 0.1 months, under the peer median of 5.9.
990 Part I and balance sheetIn its favor1
A history of government grants
Government grants on 8 of its 8 returns, 71% of revenue in FY2024.
990 Part VIII3funders
$55ka year, last 3 years
55%from its largest funder
Funder’17’18’19’20’21’22’23Women's Foundation for a Greater MemphisEvery year since FY2017$20k$35k$33k$20k$30k$30k$30kThe Day FoundationOn and off$25k$25k$25k$25k$25k$25kDonor-advised giftsDonors not disclosed$26$16$22$23
FundedThrough a donor-advised fund