Katsucon Entertainment Inc
Analysis
Katsucon Entertainment Inc is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Katsucon Entertainment Inc reported income of $1.7m and spending of $2.0m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $909k to $1.7m (+91%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 65%. Over the whole period it spent 120% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Katsucon Entertainment Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within VA. Charities of a similar size with the same main cause include Power of People Leadership Institute ($1.7m), Visitation Home Inc ($1.7m) and Futures Ignite Inc ($1.7m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Power of People Leadership Institute | Minneapolis | $1.7m |
| Visitation Home Inc | Trenton | $1.7m |
| Futures Ignite Inc | New York | $1.7m |
| New Jersey Korean American Mutual Aid Association Inc | Palisades PK | $1.7m |