Kashmiri Overseas Association Inc

Analysis

Kashmiri Overseas Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1983, 43 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kashmiri Overseas Association Inc reported income of $526k and spending of $585k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $366k to $526k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 87% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Kashmiri Overseas Association Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Womens Enterprises International ($525k), American Physicians Fellowship for Medicine in Israel ($526k) and Could You ($525k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $812k against liabilities of $0, net assets of $812k.