KNL Foundation

Analysis

KNL Foundation is a registered charity in United States, based in Fountain Valley, CA. It received its IRS tax-exemption ruling in September 2002, 24 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, KNL Foundation reported income of $71k and spending of $37k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $99k to $71k (-28%), an average of -8.0% a year. The sharpest change came in the year to December 2020, when income dropped by 44%. Over the whole period it spent 70% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, KNL Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Acts of Wisdom ($71k), Nepal Hope Foundation ($71k) and Center for Military Readiness ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.0% of the total. At year end it held assets of $1.8m against liabilities of $1.2m, net assets of $517k.