Friends of Koinonia Peru Inc

Analysis

Friends of Koinonia Peru Inc is a registered charity in United States, based in Boone, NC. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Koinonia Peru Inc reported income of $164k and spending of $166k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $132k to $164k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Friends of Koinonia Peru Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NC. Charities of a similar size with the same main cause include American Friends of Oseh Chayil ($164k), Church of the Archangels Foundation Inc ($164k) and Pentecostal Fire Conferences of America ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.