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Karry Carrasco Foundation

EIN 83-2072399 · Palm Harbor, FL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak40 out of 100GovernanceNot ratedThe short tax form does not cover thisImpact evidenceDescribes programsHow well its results are evidenced

What it says it does

To assist in humanitarian efforts in Venezuela and throughout the Americas.

Income
$159,255
Spending
$166,103
Reserves
-0.7 months of spending
Largest source of income
donations and private grants, 100%

Source: Form 990EZ for the year ending December 31, 2023, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 40 out of 100. Higher than 8% of charities in its peer group (philanthropy, under $250k).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    20 of 20

    It owes 8% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 4% of income.

Source: Form 990EZ for the year ending December 31, 2023, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.

Source: Form 990EZ for the year ending December 31, 2023, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (5)
  1. The organization provided sports supplies and equipment as well as books to young baseball players, in coordination with the Dream Big Foundation (based in the Dominican Republic) for the purpose of improving themselves intellectually and physically in their efforts to obtain scholarships in the United States.
  2. The organization supplied sporting supplies and equipment to a baseball team in Columbia in coordination with the charitable foundation Baseball Without Borders. Food, educational supplies, and toys are also provided to those in vulnerable neighborhoods along with the charitable Redimir Foundation food pantry.
  3. The organization provided school supplies and learning toys as well as clothing and shoes to children in need.
  4. The organization provided for cancer treatment for children in Venezuela through donation of medical supplies and exam expenses through the HIGEA Foundation (formerly BADAN Foundation). School supplies and toys were also provided to these children.
  5. The organization paid various expenses which were in furtherance of its mission such as providing funds for scholarships and for children in need.

Source: Form 990EZ for the year ending December 31, 2023, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 2019.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.