Kilombo Academic and Cultural Institute Inc

Analysis

Kilombo Academic and Cultural Institute Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kilombo Academic and Cultural Institute Inc reported income of $329k and spending of $322k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $301k to $329k (+9.3%), an average of +9.3% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kilombo Academic and Cultural Institute Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within GA. Charities of a similar size with the same main cause include West Holmes Athletic Booster Club Inc ($329k), International Association of Law Schools ($329k) and Willow Oak Center for Arts & Learning at Robertson County ($329k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. At year end it held assets of $7,836 against liabilities of $0, net assets of $7,836.