Kandu Group

Analysis

Kandu Group is a registered charity in United States, based in Findlay, OH. It received its IRS tax-exemption ruling in June 1990, 36 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kandu Group reported income of $2.3m and spending of $2.3m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.3m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kandu Group sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Courageous Sailing Center for Youth Inc ($2.3m), Family Policy Alliance Foundation ($2.3m) and Teton Raptor Center ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $102k (4.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.4m against liabilities of $319k, net assets of $2.1m. It reported 89 employees.