Friends of Kilimanjaro Initiative Inc

Analysis

Friends of Kilimanjaro Initiative Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Friends of Kilimanjaro Initiative Inc reported income of $70k and spending of $78k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $71k to $70k (-1.2%), an average of -1.2% a year. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Friends of Kilimanjaro Initiative Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Mt Washington Youth Inc ($70k), Varsity Leadership Academy ($70k) and Henderson Cougars Lacrosse Club ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.