KT Team Inc

Analysis

KT Team Inc is a registered charity in United States, based in Brooklet, GA. It received its IRS tax-exemption ruling in July 2017, 9 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 (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 2022, KT Team Inc reported income of $147k and spending of $128k, spending 87% of its income. Across the 3 years on record, from December 2020 to December 2022, income fell from $178k to $147k (-17%), an average of -9.1% a year. The sharpest change came in the year to December 2021, when income dropped by 30%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, KT Team Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within GA. Charities of a similar size with the same main cause include Morris Life-Care Pregnancy Center ($147k), Diversity International Charities ($147k) and Darushifa Healthcare Inc ($147k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 71% of the total. At year end it held assets of $184k against liabilities of $0, net assets of $184k.