Kindness Initiative

Analysis

Kindness Initiative is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kindness Initiative reported income of $682k and spending of $494k, leaving 28% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $1.0m to $682k (-33%), an average of -33% a year. The sharpest change came in the year to June 2023, when income dropped by 33%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kindness Initiative sits at the 69th percentile: it is larger than about 69% 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 Southwest Vipassana Association Inc ($682k), Asista Immigrant Assistance ($682k) and Mays Foundation ($682k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $70k (14% of expenses). Other salaries and wages came to $136k. At year end it held assets of $707k against liabilities of $16k, net assets of $691k. It reported 4 employees.