Ikuna Group

Analysis

Ikuna Group is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Ikuna Group reported income of $240k and spending of $225k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $163k to $240k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ikuna Group 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 57th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Ballard High School Ptsa Seattle Council 615460 ($240k), Pittston Memorial Library ($240k) and Pact Foundation ($240k).

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 $27k against liabilities of $0, net assets of $27k.