Kuwait America Foundation
EIN: 521730454 · Washington, DC · NTEE: Q200
| Metric | Value |
|---|---|
| Total Revenue | $3.9M |
| Total Expenses | $2.7M |
| Net Assets | $16.3M |
Is Kuwait America Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kuwait America Foundation
Kuwait America Foundation (EIN: 521730454) is a nonprofit organization based in Washington, DC, classified under NTEE code Q200. The organization reported total revenue of $3.9M and total assets of $17.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kuwait America Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kuwait America Foundation is a mid-size nonprofit that has been operating for 35 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.7M |
| Surplus / Deficit | $-428,092 |
| Total Assets | $18.3M |
| Total Liabilities | $2.0M |
| Net Assets | $16.3M |
| Operating Margin | -18.8% |
| Debt-to-Asset Ratio | 10.9% |
| Months of Reserves | 81.3 months |
Financial Health Grade: B
In 2023, Kuwait America Foundation reported a deficit of $428K with expenses exceeding revenue, holds 81.3 months of operating reserves (strong position), has a debt-to-asset ratio of 10.9% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Kuwait America Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.9% | +1.2% | -2.4% |
| 2022 | -1.0% | +81.3% | -4.1% |
| 2021 | +52.2% | +3.0% | +2.1% |
| 2020 | -43.8% | -46.0% | -5.9% |
| 2019 | -7.4% | +4.1% | -2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kuwait America Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Kuwait America Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $428K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.9%.
Frequently Asked Questions about Kuwait America Foundation
Is Kuwait America Foundation a legitimate charity?
Kuwait America Foundation (EIN: 521730454) is a registered tax-exempt nonprofit based in Washington DC. It has 14 years of IRS 990 filings on record. Total revenue: $3.9M. No red flags identified. Financial health grade: B.
How does Kuwait America Foundation spend its money?
Kuwait America Foundation reported $3.9M in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kuwait America Foundation tax-deductible?
Kuwait America Foundation is registered as a tax-exempt nonprofit (EIN: 521730454). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kuwait America Foundation located?
Kuwait America Foundation is headquartered in Washington, Washington DC and files with the IRS under EIN 521730454. It is classified under NTEE code Q200.
How many years of IRS 990 filings does Kuwait America Foundation have?
Kuwait America Foundation has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.9M in total revenue.
Filing History
IRS 990 filing history for Kuwait America Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Kuwait America Foundation's revenue has declined by 19.2%, moving from $2.8M to $2.3M. Total assets decreased by 4% over the same period, from $19.1M to $18.3M. Total functional expenses fell by 16.9%, from $3.3M to $2.7M. In its most recent filing year (2023), Kuwait America Foundation reported a deficit of $428K, with expenses exceeding revenue. The organization holds $2.0M in liabilities against $18.3M in assets (debt-to-asset ratio: 10.9%), resulting in net assets of $16.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.7M | $18.3M | $2.0M | — | — |
| 2022 | $1.8M | $2.7M | $18.8M | $2.0M | — | View 990 |
| 2021 | $1.9M | $1.5M | $19.6M | $2.0M | — | View 990 |
| 2020 | $1.2M | $1.4M | $19.2M | $2.0M | — | — |
| 2019 | $2.2M | $2.6M | $20.4M | $3.0M | — | View 990 |
| 2018 | $2.4M | $2.5M | $20.9M | $3.0M | — | View 990 |
| 2017 | $2.4M | $2.4M | $21.0M | $3.0M | — | View 990 |
| 2016 | $1.1M | $1.6M | $20.0M | $2.1M | — | View 990 |
| 2015 | $2.6M | $2.7M | $20.5M | $2.0M | — | View 990 |
| 2014 | $2.5M | $2.0M | $20.7M | $2.0M | — | View 990 |
| 2013 | $3.2M | $3.1M | $20.1M | $2.0M | — | View 990 |
| 2012 | $2.6M | $3.5M | $17.9M | $0 | — | View 990 |
| 2011 | $3.7M | $3.8M | $18.9M | $0 | — | View 990 |
| 2010 | $2.8M | $3.3M | $19.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.7M, and assets of $18.3M (revenue +22.9% year-over-year).
- 2022: Revenue of $1.8M, expenses of $2.7M, and assets of $18.8M (revenue -1.0% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.5M, and assets of $19.6M (revenue +52.2% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.4M, and assets of $19.2M (revenue -43.8% year-over-year).
- 2019: Revenue of $2.2M, expenses of $2.6M, and assets of $20.4M (revenue -7.4% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.5M, and assets of $20.9M (revenue -3.1% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.4M, and assets of $21.0M (revenue +129.5% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.6M, and assets of $20.0M (revenue -58.6% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.7M, and assets of $20.5M (revenue +1.4% year-over-year).
- 2014: Revenue of $2.5M, expenses of $2.0M, and assets of $20.7M (revenue -21.7% year-over-year).
- 2013: Revenue of $3.2M, expenses of $3.1M, and assets of $20.1M (revenue +26.5% year-over-year).
- 2012: Revenue of $2.6M, expenses of $3.5M, and assets of $17.9M (revenue -30.4% year-over-year).
- 2011: Revenue of $3.7M, expenses of $3.8M, and assets of $18.9M (revenue +30.0% year-over-year).
- 2010: Revenue of $2.8M, expenses of $3.3M, and assets of $19.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kuwait America Foundation:
Data Sources and Methodology
This transparency report for Kuwait America Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.