Komolion Human Development Fund Inc

Analysis

Komolion Human Development Fund Inc is a registered charity in United States, based in Hewitt, TX. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Komolion Human Development Fund Inc reported income of $67k and spending of $47k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $67k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Komolion Human Development Fund Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include National Charity League Inc Texas Sage Chapter ($67k), Geneseo Soccer Club ($67k) and Conifer Rotary Foundation ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.