Friends of Kakamega

Analysis

Friends of Kakamega is a registered charity in United States, based in Sherman, CT. It received its IRS tax-exemption ruling in June 2007, 19 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 2020, Friends of Kakamega reported income of $326k and spending of $359k, spending 110% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income fell from $407k to $326k (-20%), an average of -20% a year. The sharpest change came in the year to December 2020, when income dropped by 20%. Over the whole period it spent 107% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of Kakamega sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within CT. Charities of a similar size with the same main cause include Give Hope 2 Kids ($326k), Develop Sustainability Org ($326k) and Konbit Haiti ($326k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 99% of the total. At year end it held assets of $273k against liabilities of $14k, net assets of $259k.