American Friends of Kulo Zakai Inc

Analysis

American Friends of Kulo Zakai Inc is a registered charity in United States, based in Miami Beach, FL. It received its IRS tax-exemption ruling in May 2019, 7 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, American Friends of Kulo Zakai Inc reported income of $662k and spending of $683k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $185k to $662k (+258%), an average of +38% a year. The sharpest change came in the year to December 2020, when income rose by 127%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, American Friends of Kulo Zakai Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Truly Motivated Transitional Living ($661k), Philippine American Chamber of Commerce of Oregon ($662k) and Sivio Institute ($661k).

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 $20k against liabilities of $0, net assets of $20k.