Kybele Inc

Analysis

Kybele Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Kybele Inc reported income of $1.1m and spending of $1.0m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $399k to $1.1m (+170%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 84% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Kybele Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Oakseed Ministries International ($1.1m), Haiti Kids School ($1.1m) and Grace Center Foundation Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $8,400. At year end it held assets of $1.1m against liabilities of $8,537, net assets of $1.1m. It reported 1 employees.