Khuba International

Analysis

Khuba International is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in July 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Khuba International reported income of $740k and spending of $594k, spending 80% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $263k to $740k (+181%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 137%. Over the whole period it spent 82% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Khuba International sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include The Reel Hope Project ($740k), Young Musicians and Artists ($741k) and Most Valuable Kids Inc ($739k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $15k (2.5% of expenses). At year end it held assets of $706k against liabilities of $478k, net assets of $229k. It reported 1 employees.