Khadija Foundation Inc

Analysis

Khadija Foundation Inc is a registered charity in United States, based in Newberry, FL. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2022, Khadija Foundation Inc reported income of $226k and spending of $221k, spending 98% of its income. Across the 3 years on record, from December 2020 to December 2022, income fell from $229k to $226k (-1.5%), an average of -0.8% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Khadija Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include United Way of Cattaraugus County Inc ($226k), Adam Wysota Foundation Inc ($226k) and Chasdei Eliyahu ($226k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.