Komeo International Ministries Inc

Analysis

Komeo International Ministries Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in March 2014, 12 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 December 2023, Komeo International Ministries Inc reported income of $349k and spending of $247k, leaving 29% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $138k to $349k (+153%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 78%. Over the whole period it spent 89% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Komeo International Ministries Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within OK. Charities of a similar size with the same main cause include Deeds Not Words ($349k), Friends of Navdanya ($350k) and Women in the Window International Inc ($349k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $113k against liabilities of $0, net assets of $113k.