Kibo Group International Incorporated

Analysis

Kibo Group International Incorporated is a registered charity in United States, based in Broken Arrow, OK. It received its IRS tax-exemption ruling in May 2004, 22 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 June 2023, Kibo Group International Incorporated reported income of $641k and spending of $624k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $925k to $641k (-31%), an average of -8.8% a year. The sharpest change came in the year to June 2020, when income dropped by 25%. Over the whole period it spent 86% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Kibo Group International Incorporated sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OK. Charities of a similar size with the same main cause include Samuel Omogo Foundation ($641k), Haiti Mission Inc ($641k) and World Affairs Council of Connecticut Inc ($640k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 5.4% of the total. Other salaries and wages came to $200k. At year end it held assets of $1.2m against liabilities of $31k, net assets of $1.1m. It reported 3 employees.