Kochi Konther Asar Inc

Analysis

Kochi Konther Asar Inc is a registered charity in United States, based in Jamaica, NY. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kochi Konther Asar Inc reported income of $86k and spending of $86k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $241k to $86k (-64%), an average of -64% a year. The sharpest change came in the year to December 2023, when income dropped by 64%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kochi Konther Asar Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Sagamore Student Leadership Initiative Inc ($86k), New Dimensions Soccer Corporation ($86k) and Child Evangelism Fellowship Inc ($86k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $34k in professional fundraising fees. At year end it held assets of $0 against liabilities of $50k, net assets of -$50k.