Kanchi Kamakoti Seva Foundation Inc

Analysis

Kanchi Kamakoti Seva Foundation Inc is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in February 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kanchi Kamakoti Seva Foundation Inc reported income of $1.2m and spending of $1.2m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $590k to $1.2m (+101%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kanchi Kamakoti Seva Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within AZ. Charities of a similar size with the same main cause include Hope School Foundation ($1.2m), Middle Cities Education Association ($1.2m) and Renaissance School ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $331k against liabilities of $0, net assets of $331k.