Kamal Foundation Inc

Analysis

Kamal Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Kamal Foundation Inc reported income of $146k and spending of $80k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $126k to $146k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2020, when income rose by 281%. Over the whole period it spent 34% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kamal Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 25th percentile within DC. Charities of a similar size with the same main cause include Total Experience Corp ($146k), Feeding Wise Kids ($146k) and Hudson Community First ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.