Koko Ai Inc

Analysis

Koko Ai Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Koko Ai Inc reported income of $703k and spending of $626k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $421k to $703k (+67%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 145%. Over the whole period it spent 66% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Koko Ai Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Foundation of District 304 ($703k), Mammoth Hospital Foundation ($703k) and Readers Digest Partners for Sight Foundation ($703k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $202k (32% of expenses). At year end it held assets of $748k against liabilities of $3,684, net assets of $744k. It reported 2 employees.