Kanzhongguo Association Inc

Analysis

Kanzhongguo Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2005, 21 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, Kanzhongguo Association Inc reported income of $2.3m and spending of $2.4m, spending 105% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.0m to $2.3m (+125%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Kanzhongguo Association 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 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Justice Ventures International ($2.3m), New Covenant Missions Inc ($2.3m) and Foundation for African Medicine and Education ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $601k against liabilities of $105k, net assets of $496k.