Ekam USA Inc

Analysis

Ekam USA Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in October 2016, 10 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, Ekam USA Inc reported income of $494k and spending of $248k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $203k to $494k (+144%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 143%. Over the whole period it spent 74% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Ekam USA Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within LA. Charities of a similar size with the same main cause include One by One ($494k), Farmyield Africa ($494k) and Roots of Development Inc ($493k).

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 $653k against liabilities of $0, net assets of $653k.