Quick charity verification for Karsh Family Foundation (EIN: 137147287)
Verdict: Karsh Family Foundation appears trustworthy
95/100Mission Score
$113.6MRevenue
$347.9MAssets
1Red Flags
4Strengths
Red Flags
Significant year-over-year revenue fluctuations, which could indicate reliance on unpredictable funding sources, though this is common for foundations receiving large, infrequent donations.
Strengths
Consistent 0% officer compensation, indicating high efficiency and dedication of funds to programs.
Strong asset growth over time, from $65 million in 2011 to over $336 million in 2023.
Low liabilities relative to assets, demonstrating financial stability and prudent management.
Generally manages expenses below revenue, contributing to financial health.
Spending Breakdown
How Karsh Family Foundation allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Karsh Family Foundation
Is Karsh Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Karsh Family Foundation (EIN: 137147287) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
Is Karsh Family Foundation a good charity to donate to?
Karsh Family Foundation has a Mission Score of 95/100. Revenue: $113.6M. Assets: $347.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Karsh Family Foundation?
The Employer Identification Number (EIN) for Karsh Family Foundation is 137147287. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Karsh Family Foundation spend its money?
Karsh Family Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Karsh Family Foundation's tax-exempt status?
You can verify Karsh Family Foundation's tax-exempt status using EIN 137147287 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Karsh Family Foundation demonstrates strong financial health, consistently maintaining substantial assets relative to its liabilities. For example, in 2023, assets were $336,064,099 against liabilities of $2,763,444. The organization's revenue has fluctuated significantly over the years, from a high of $87,174,492 in 2014 to $10,428,908 in 2015, indicating reliance on variable funding sources, likely large donations or investment returns. Despite these fluctuations, the foundation has generally managed its expenses well, often spending less than its revenue, contributing to asset growth. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice is a significant positive indicator of spending efficiency and ethical governance.