Khalsa Global Reach Inc
Analysis
Khalsa Global Reach Inc is a registered charity in United States, based in Yardley, PA. It received its IRS tax-exemption ruling in June 2014, 12 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, Khalsa Global Reach Inc reported income of $59k and spending of $209k, spending 353% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $253k to $59k (-77%), an average of -30% a year. The sharpest change came in the year to December 2022, when income rose by 209%. Over the whole period it spent 139% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Khalsa Global Reach Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within PA. Charities of a similar size with the same main cause include Austin Serving Abaco Foundation ($59k), Teresaw Care Ministries Inc ($59k) and Central States Rotary Youth Exchange Program Inc ($59k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.
Income and spending
Where the income comes from
- Contributions & grants 83%
- Other 17%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Austin Serving Abaco Foundation | Austin | $59k |
| Teresaw Care Ministries Inc | Sanger | $59k |
| Central States Rotary Youth Exchange Program Inc | Corunna | $59k |
| Friends of Woni Kenya International Inc | Santa Barbara | $59k |