Ouallo Kouya Foundation

Analysis

Ouallo Kouya Foundation is a registered charity in United States, based in East Aurora, NY. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Ouallo Kouya Foundation reported income of $74k and spending of $59k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $82k to $74k (-10%), an average of -10% a year. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ouallo Kouya Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Angels Share Inc ($74k), Mu Tau Inc ($74k) and Weber County Homeless Charitable Trust Fund ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.