Khalis Inc

Analysis

Khalis Inc is a registered charity in United States, based in Milpitas, CA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Khalis Inc reported income of $91k and spending of $155k, spending 170% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $264k to $91k (-65%), an average of -66% a year. The sharpest change came in the year to December 2023, when income dropped by 65%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Khalis Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Journey Center Association Inc ($91k), Tri-State Christian Care Center ($91k) and Equippers International ($91k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $33k. At year end it held assets of $211k against liabilities of $1,685, net assets of $209k.