American Friends of Koidenov Inc

Analysis

American Friends of Koidenov Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in May 2010, 16 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, American Friends of Koidenov Inc reported income of $338k and spending of $340k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $296k to $338k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, American Friends of Koidenov Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within MD. Charities of a similar size with the same main cause include Wegene Ethiopian Foundation ($338k), Womens Empowerment International ($338k) and Seed Programs Inc ($338k).

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 $2,530 against liabilities of $0, net assets of $2,530.