Khat Vong Song

Analysis

Khat Vong Song is a registered charity in United States, based in Milpitas, CA. It received its IRS tax-exemption ruling in August 2019, 7 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 December 2023, Khat Vong Song reported income of $318k and spending of $202k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $223k to $318k (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2021, when income rose by 296%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Khat Vong Song sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Life After Meth Inc ($318k), Reconciliation Associates Inc ($318k) and Foundation for Joy ($318k).

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 $116k against liabilities of $0, net assets of $116k.