Kappa Mainstream Leadship Foundation Inc

Analysis

Kappa Mainstream Leadship Foundation Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 December 2023, Kappa Mainstream Leadship Foundation Inc reported income of $1.2m and spending of $55k, leaving 95% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $1.2m (+1577%), an average of +1577% a year. The sharpest change came in the year to December 2023, when income rose by 1577%. Over the whole period it spent 7.0% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kappa Mainstream Leadship Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within DE. Charities of a similar size with the same main cause include Girls Incorporated of Columbus and Phenix-Russell ($1.2m), Vacaville Neighborhood Boys & Girls Club ($1.2m) and Latinitas ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.