Kwu Cnxi

Analysis

Kwu Cnxi is a registered charity in United States, based in Usk, WA. It received its IRS tax-exemption ruling in October 2022, 4 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, Kwu Cnxi reported income of $54k and spending of $41k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $12k to $54k (+343%), an average of +342% a year. The sharpest change came in the year to December 2023, when income rose by 343%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kwu Cnxi sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 16th percentile within WA. Charities of a similar size with the same main cause include Fasd Education Foundation Inc ($54k), 82d Airborne Division Association Educational Fund Inc ($54k) and Korean Heritage School of Long Island Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.