The Kaifa Group Inc

Analysis

The Kaifa Group Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, The Kaifa Group Inc reported income of $225k and spending of $390k, spending 173% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $228k to $225k (-1.6%), an average of -0.8% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 136% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, The Kaifa Group Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Educators Institute for Human Rights ($225k), Kesho ($225k) and Afoakom USA ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $22k (5.6% of expenses). At year end it held assets of $52k against liabilities of $291k, net assets of -$239k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.