K a R I S Inc

Analysis

K a R I S Inc is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in May 1992, 34 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, K a R I S Inc reported income of $110k and spending of $81k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $139k to $110k (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 85% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, K a R I S Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within VA. Charities of a similar size with the same main cause include Friends of Hue Foundation ($110k), Farthest Corners Foundation ($110k) and Dr Syed Abdul Khader Foundation ($110k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $684k against liabilities of $0, net assets of $684k.