Konkourona Alliance Foundation Kafo Inc

Analysis

Konkourona Alliance Foundation Kafo Inc is a registered charity in United States, based in West Norriton, PA. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 April 2023, Konkourona Alliance Foundation Kafo Inc reported income of $240k and spending of $291k, spending 121% of what it took in. Across the 3 years on record, from April 2021 to April 2023, income grew from $235k to $240k (+2.4%), an average of +1.2% a year. The sharpest change came in the year to April 2022, when income rose by 268%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Konkourona Alliance Foundation Kafo Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within PA. Charities of a similar size with the same main cause include India Friends Association ($240k), Arms of Care International Inc ($240k) and Bridge Kids International ($240k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $11k. At year end it held assets of $5,125 against liabilities of $0, net assets of $5,125.