Diocese of Kumbakonam Inc

Analysis

Diocese of Kumbakonam Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Diocese of Kumbakonam Inc reported income of $199k and spending of $281k, spending 141% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $264k to $199k (-24%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Diocese of Kumbakonam Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Regions Beyond Ministries Inc ($199k), Dallas-Fort Worth Kachin Baptist Church ($199k) and Global Community Fellowship Inc ($199k).

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 $94k against liabilities of $0, net assets of $94k.