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Karimu International Help Foundation

RegisteredEIN 32-0227956Palm Desert, CAPoverty relief
Income$1.3m2022-12
Spending$2.0msame year
Spent / received96%4-year average
Size in its cause78th pctPoverty relief
Exempt since2008Publicly supported organisat
Employees0latest return

Analysis

Karimu International Help Foundation is a registered charity in United States, based in Palm Desert, CA. It received its IRS tax-exemption ruling in April 2008, 18 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 2022, Karimu International Help Foundation reported income of $1.3m and spending of $2.0m, spending 154% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $598k to $1.3m (+115%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 54%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Karimu International Help Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Khmer Community of Seattle-King County ($1.3m), Rise Memphis Inc ($1.3m) and This Old Horse Inc ($1.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $276k against liabilities of $0, net assets of $276k.

Income and spending

$0$494k$988k$1.5m$2.0m2019 Income: $597,8002019 Spending: $386,15320192020 Income: $918,9942020 Spending: $520,96520202021 Income: $1,117,3072021 Spending: $897,41120212022 Income: $1,286,3902022 Spending: $1,976,3202022
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Khmer Community of Seattle-King CountyKent$1.3m
Rise Memphis IncMemphis$1.3m
This Old Horse IncAfton$1.3m
Wood County Agricultural SocietyBowling Green$1.3m