T — Philanthropy, Voluntarism & GrantmakingEIN: 752692023· Ruling Year: 1997

Karakin Foundation

Abilene, Texas

A-Health Score
78A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org10.17×
Peer Median18.82×
💰
$58.0M
Total Revenue
📊
$18.2M
Total Expenses
🏦
$184.8M
Net Assets
📋
$386K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+95.3%
Year-over-year change (2022 → 2023)
Net Margin
+68.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
10.17
Net assets divided by total expenses
Liabilities-to-Assets
0.2%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$58,001,484↑95%$18,174,121↑4%$185,140,803↑28%
2022$29,695,673↑1%$17,446,254↑7%$145,162,912↑9%
2021$29,351,833↑66%$16,258,487↑35%$132,653,937↑11%
2020$17,649,967↓53%$12,030,031↑43%$119,457,630↑5%
2019$37,323,163↑412%$8,388,708↑28%$113,524,709↑99%
2015$7,293,742↓38%$6,555,024↑2%$57,096,292↑2%
2014$11,843,845↑18%$6,409,243↑18%$55,805,328↑14%
2013$10,043,874↓34%$5,442,744↑28%$49,027,785↑12%
2012$15,300,974↑112%$4,247,628↑11%$43,736,179↑36%
2011$7,232,995$3,819,954$32,197,578

Frequently Asked Questions

What does Karakin Foundation do?▼

Karakin Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Texas. It is classified under NTEE code T22Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Karakin Foundation financially healthy?▼

Based on our 9-metric Financial Health Score model, Karakin Foundation has a score of 78/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Karakin Foundation generate?▼

Revenue data for Karakin Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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