Karna Charities International Foundation

Analysis

Karna Charities International Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Karna Charities International Foundation reported income of $95k and spending of $87k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $394k to $95k (-76%), an average of -51% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Karna Charities International Foundation sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 18th percentile within DC. Charities of a similar size with the same main cause include Eugene F Herman Scottish Rite Childhood Language Disorders Clini ($95k), Isle of Wight Opportunities for the Disabled ($95k) and Unstoppable ($95k).

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 $13k against liabilities of $7,916, net assets of $5,372.