Kula Kamala Foundation

Analysis

Kula Kamala Foundation is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in January 2011, 15 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, Kula Kamala Foundation reported income of $129k and spending of $641k, spending 495% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $291k to $129k (-55%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 963%. Over the whole period it spent 52% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kula Kamala Foundation sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within PA. Charities of a similar size with the same main cause include Friends Of@lantern Hill Inc ($129k), Birth Right of Boise Inc ($130k) and Northern Michigan Mountain Biking a ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 80% of the total. Other salaries and wages came to $262k. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m. It reported 9 employees.