U S a National Karate-Do Federation Inc

Analysis

U S a National Karate-Do Federation Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, U S a National Karate-Do Federation Inc reported income of $1.4m and spending of $1.5m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.4m (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2021, when income rose by 126%. Over the whole period it spent 112% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, U S a National Karate-Do Federation Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within CO. Charities of a similar size with the same main cause include Columbia County Resources Inc ($1.4m), Rotary Veterans Memorial Pavilioninc ($1.4m) and Competitive Champions of the Carolinas ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Other salaries and wages came to $140k. At year end it held assets of $380k against liabilities of $108k, net assets of $272k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.