Kolkata Foundation Inc

Analysis

Kolkata Foundation Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in September 2017, 9 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, Kolkata Foundation Inc reported income of $193k and spending of $125k, leaving 35% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $212k to $193k (-8.9%), an average of -3.1% a year. The sharpest change came in the year to December 2021, when income rose by 104%. Over the whole period it spent 45% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Kolkata Foundation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 60th percentile within NJ. Charities of a similar size with the same main cause include Angels of the Amazon ($193k), Guardians of Hope Inc ($193k) and Moresh Wegenie Amara Organization Inc ($193k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $702k against liabilities of $2,500, net assets of $699k.