Kcgcusa Inc

Analysis

Kcgcusa Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Kcgcusa Inc reported income of $137k and spending of $188k, spending 138% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $154k to $137k (-11%), an average of -11% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kcgcusa Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Affectionate Arms ($137k), Naples Auto Donation Center Inc ($137k) and Traill County Senior Citizens Grantee Board Incorporated ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $20k against liabilities of $3,690, net assets of $17k.