Kassunga Mission Initiative

Analysis

Kassunga Mission Initiative is a registered charity in United States, based in N Chesterfld, VA. It received its IRS tax-exemption ruling in February 2024, 2 years ago. Its declared purposes cover human services, 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 September 2023, Kassunga Mission Initiative reported income of $117k and spending of $93k, leaving 21% of income unspent that year. Across the 4 years on record, from September 2019 to September 2023, income grew from $72k to $117k (+62%), an average of +17% a year. The sharpest change came in the year to September 2020, when income rose by 96%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kassunga Mission Initiative sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within VA. Charities of a similar size with the same main cause include Missouri P E O Outreach Fund ($117k), Compassion Closet of East Tennessee ($117k) and Reginald & Dionne Smith Foundation Inc ($117k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.