Kyg USA Inc

Analysis

Kyg USA Inc is a registered charity in United States, based in Solon, OH. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Kyg USA Inc reported income of $68k and spending of $73k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $80k to $68k (-14%), an average of -14% a year. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kyg USA Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 27th percentile within OH. Charities of a similar size with the same main cause include Siddhivinayak Mandir Atlanta Inc ($68k), Thousand Rainbows Ministries ($68k) and India Church of Christ Mission ($68k).

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 $11k against liabilities of $0, net assets of $11k.