Karuna Counseling Inc

Analysis

Karuna Counseling Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in July 1975, 51 years ago. 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, Karuna Counseling Inc reported income of $454k and spending of $467k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $388k to $454k (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Karuna Counseling Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within GA. Charities of a similar size with the same main cause include Westhaven Inc ($454k), Thompson Hose Co ($454k) and Rushville Public Library ($454k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $347k (74% of expenses). At year end it held assets of $14k against liabilities of $500, net assets of $13k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.