Kff Foundation Ltd
Kff Foundation Ltd consistently spends more than it earns in recent years, relying on substantial asset reserves.
EIN: 133680855 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $22.6M |
| Total Expenses | $3.9M |
| Program Spending | 80% |
| Net Assets | $73.4M |
| Transparency Score | 75/100 |
Is Kff Foundation Ltd Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kff Foundation Ltd directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kff Foundation Ltd
Kff Foundation Ltd (EIN: 133680855) is a nonprofit organization based in New York, NY. The organization reported total revenue of $22.6M and total assets of $72.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kff Foundation Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kff Foundation Ltd is a large nonprofit that has been operating for 32 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $3.9M |
| Surplus / Deficit | $-2,296,660 |
| Total Assets | $73.4M |
| Total Liabilities | $1 |
| Net Assets | $73.4M |
| Operating Margin | -139.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 223.4 months |
Financial Health Grade: B
In 2023, Kff Foundation Ltd reported a deficit of $2.3M with expenses exceeding revenue, holds 223.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Kff Foundation Ltd's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -71.7% | -19.5% | -3.0% |
| 2022 | -15.8% | +22.8% | +1.2% |
| 2021 | +125.0% | +1.6% | +4.1% |
| 2020 | -1.2% | +37.0% | -1.3% |
| 2019 | -30.5% | -26.2% | -5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Kff Foundation Ltd with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Kff Foundation Ltd allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting either that no officers are compensated directly by this entity or that compensation is handled by a related organization, which enhances transparency regarding direct payroll costs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Kff Foundation Ltd's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue) in recent years, such as $3,944,227 expenses vs. $1,647,567 revenue in 2023.
- Lack of detailed NTEE code makes it difficult to benchmark against similar organizations.
Strengths
The following positive indicators were identified for Kff Foundation Ltd:
- Substantial asset base ($73,425,394 in 2023) provides strong financial stability.
- Extremely low liabilities (often $1) indicate excellent debt management.
- Consistent reporting of 0% officer compensation suggests high transparency or alternative compensation structures.
- Long filing history (10 filings) indicates consistent compliance and reporting.
Frequently Asked Questions about Kff Foundation Ltd
Is Kff Foundation Ltd a legitimate charity?
Kff Foundation Ltd (EIN: 133680855) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $22.6M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Kff Foundation Ltd spend its money?
Kff Foundation Ltd directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Kff Foundation Ltd tax-deductible?
Kff Foundation Ltd is registered as a tax-exempt nonprofit (EIN: 133680855). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kff Foundation Ltd's spending goes to programs?
Kff Foundation Ltd directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Kff Foundation Ltd located?
Kff Foundation Ltd is headquartered in New York, New York and files with the IRS under EIN 133680855.
How many years of IRS 990 filings does Kff Foundation Ltd have?
Kff Foundation Ltd has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $22.6M in total revenue.
Is Kff Foundation Ltd a good charity?
Kff Foundation Ltd appears to be a financially stable organization with substantial assets and very low liabilities. While it has consistently spent more than it earned in recent years, its large asset base ($73,425,394 in 2023) provides a strong financial cushion. The consistent reporting of 0% officer compensation is a positive indicator of transparency regarding executive pay. However, without detailed program spending breakdowns, it's challenging to fully assess its programmatic efficiency.
Why does Kff Foundation Ltd consistently spend more than it earns?
Kff Foundation Ltd has shown a pattern of expenses exceeding revenue in several recent periods, for example, $3,944,227 in expenses against $1,647,567 in revenue in 2023. This could be due to strategic spending from its substantial endowment, investment losses, or a temporary increase in program activities. Given its large asset base, it can sustain these deficits in the short to medium term.
What is the trend in Kff Foundation Ltd's assets?
Kff Foundation Ltd's assets have remained robust over the filing history, generally fluctuating around the $70-80 million mark. In 2023, assets were $73,425,394, slightly down from a peak of $79,845,158 in 2012, but still representing a very strong financial foundation.
Filing History
IRS 990 filing history for Kff Foundation Ltd showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Kff Foundation Ltd's revenue has grown by 16.5%, moving from $1.4M to $1.6M. Total assets increased by 57.9% over the same period, from $46.5M to $73.4M. Total functional expenses rose by 360.6%, from $856K to $3.9M. In its most recent filing year (2023), Kff Foundation Ltd reported a deficit of $2.3M, with expenses exceeding revenue. The organization holds $1 in liabilities against $73.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $73.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $3.9M | $73.4M | $1 | — | View 990 |
| 2022 | $5.8M | $4.9M | $75.7M | $1 | — | View 990 |
| 2021 | $6.9M | $4.0M | $74.8M | $1 | — | View 990 |
| 2020 | $3.1M | $3.9M | $71.9M | $1 | — | View 990 |
| 2019 | $3.1M | $2.9M | $72.8M | $1 | — | — |
| 2015 | $4.5M | $3.9M | $76.7M | $19K | — | View 990 |
| 2014 | $3.2M | $4.6M | $76.1M | $0 | — | View 990 |
| 2013 | $1.1M | $3.5M | $77.5M | $0 | — | View 990 |
| 2012 | $34.5M | $935K | $79.8M | $0 | — | View 990 |
| 2011 | $1.4M | $856K | $46.5M | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $3.9M, and assets of $73.4M (revenue -71.7% year-over-year).
- 2022: Revenue of $5.8M, expenses of $4.9M, and assets of $75.7M (revenue -15.8% year-over-year).
- 2021: Revenue of $6.9M, expenses of $4.0M, and assets of $74.8M (revenue +125.0% year-over-year).
- 2020: Revenue of $3.1M, expenses of $3.9M, and assets of $71.9M (revenue -1.2% year-over-year).
- 2019: Revenue of $3.1M, expenses of $2.9M, and assets of $72.8M (revenue -30.5% year-over-year).
- 2015: Revenue of $4.5M, expenses of $3.9M, and assets of $76.7M (revenue +39.7% year-over-year).
- 2014: Revenue of $3.2M, expenses of $4.6M, and assets of $76.1M (revenue +187.4% year-over-year).
- 2013: Revenue of $1.1M, expenses of $3.5M, and assets of $77.5M (revenue -96.8% year-over-year).
- 2012: Revenue of $34.5M, expenses of $935K, and assets of $79.8M (revenue +2338.9% year-over-year).
- 2011: Revenue of $1.4M, expenses of $856K, and assets of $46.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kff Foundation Ltd:
Data Sources and Methodology
This transparency report for Kff Foundation Ltd is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.