Kulungu for Congo

Analysis

Kulungu for Congo is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 January 2024, Kulungu for Congo reported income of $703k and spending of $781k, spending 111% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income grew from $208k to $703k (+238%), an average of +36% a year. The sharpest change came in the year to January 2022, when income rose by 100%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kulungu for Congo sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Behappy Living Inc ($703k), Oakdale Foundation Inc ($704k) and Light House Mission Inc ($703k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $55k (7.1% of expenses). Other salaries and wages came to $9,635. At year end it held assets of $75k against liabilities of $7,269, net assets of $67k. It reported 2 employees.