Khayamandi Foundation Inc

Analysis

Khayamandi Foundation Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in April 2012, 14 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, Khayamandi Foundation Inc reported income of $563k and spending of $489k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $375k to $563k (+50%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Khayamandi Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include Hawassa Hope Inc ($563k), Namikango Mission US Incorporated ($564k) and Well Africa-Usa Inc ($563k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $421k against liabilities of $0, net assets of $421k.