Khalil Foundation

Analysis

Khalil Foundation is a registered charity in United States, based in Lombard, IL. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Khalil Foundation reported income of $2.3m and spending of $2.4m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.3m (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Khalil Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include Sacred Heart Center Inc ($2.3m), New World Educational Center ($2.3m) and Shoresh Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $1.0m against liabilities of $543k, net assets of $477k. It reported 15 employees.