Kiroli Foundation

Analysis

Kiroli Foundation is a registered charity in United States, based in West Monroe, LA. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Kiroli Foundation reported income of $94k and spending of $49k, leaving 48% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $116k to $94k (-19%), an average of -19% a year. The sharpest change came in the year to June 2024, when income dropped by 19%. Over the whole period it spent 71% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kiroli Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within LA. Charities of a similar size with the same main cause include Performance Excellence Northwest ($94k), Junior League of Orange County Californina Inc ($94k) and CDSFW ($94k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 56% and program service revenue 44% of the total. At year end it held assets of $194k against liabilities of $0, net assets of $194k.