Zahara Kathawalla Foundation

Analysis

Zahara Kathawalla Foundation is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Zahara Kathawalla Foundation reported income of $139k and spending of $14k, leaving 90% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $143k to $139k (-3.2%), an average of -3.2% a year. Over the whole period it spent 10% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Zahara Kathawalla Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within MN. Charities of a similar size with the same main cause include Ocean Kids Inc ($139k), Disciple Makers Increase ($139k) and Thrive Sports ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $479k against liabilities of $0, net assets of $479k.