Kwahadi Heritage Inc

Analysis

Kwahadi Heritage Inc is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2023, Kwahadi Heritage Inc reported income of $68k and spending of $141k, spending 206% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $87k to $68k (-21%), an average of -5.9% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 157% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kwahadi Heritage Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Troop 235 Wilsons Creek Inc ($68k), Trustees of Purdue University ($68k) and Belgrade Community Coalition ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 0.9% of the total. At year end it held assets of $2.3m against liabilities of $38k, net assets of $2.3m.

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.