Khyentse Foundation

Analysis

Khyentse Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2023, Khyentse Foundation reported income of $4.2m and spending of $7.6m, spending 179% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.1m to $4.2m (+2.6%), an average of +0.6% a year. The sharpest change came in the year to June 2020, when income rose by 151%. Over the whole period it spent 110% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Khyentse Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Domestic Violence Action Center ($4.2m), Goserve ($4.2m) and Growing Home Inc ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% of the total. Compensation of current officers, directors and key employees was $55k (0.7% of expenses). At year end it held assets of $46.4m against liabilities of $545, net assets of $46.4m.