Koginka Sewaluna Foundation Inc

Analysis

Koginka Sewaluna Foundation Inc is a registered charity in United States, based in Jupiter, FL. It received its IRS tax-exemption ruling in November 2010, 16 years ago. 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, Koginka Sewaluna Foundation Inc reported income of $216k and spending of $352k, spending 163% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $527k to $216k (-59%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 69%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Koginka Sewaluna Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Livingston County 4-H & Ffa Fair Association Inc ($216k), Community Nursing Service of Clinton County Inc ($216k) and International Society of Psychoneuroendocrinology ($216k).

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 $6.9m against liabilities of $617k, net assets of $6.2m.