Friends of Ikamva Labantu

Analysis

Friends of Ikamva Labantu is a registered charity in United States, based in Larchmont, NY. It received its IRS tax-exemption ruling in November 1996, 30 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, Friends of Ikamva Labantu reported income of $201k and spending of $249k, spending 124% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $213k to $201k (-5.6%), an average of -1.2% a year. The sharpest change came in the year to December 2020, when income rose by 376%. Over the whole period it spent 112% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of Ikamva Labantu sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Le Zion B Rina Inc ($201k), All As One Inc ($201k) and Learn for Life Foundation ($201k).

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 $113k against liabilities of $5,500, net assets of $107k.