Karuna America

Analysis

Karuna America is a registered charity in United States, based in Pomona, CA. It received its IRS tax-exemption ruling in October 2015, 11 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, Karuna America reported income of $257k and spending of $226k, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $56k to $257k (+362%), an average of +115% a year. The sharpest change came in the year to December 2022, when income rose by 231%. Over the whole period it spent 104% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Karuna America sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Hoi Bac Ai-Love the Poor ($257k), Franciscans for the World ($258k) and Village Partners International Inc ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.