Karuna USA Inc
Nonprofit profile at a glance
- EIN
- 872033348
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2021
- Location
- Brooklyn, NY, USA
- Phone
- 6463348795
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $23,641
- Expenses
- $22,373
- Assets
- $11,867
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Maryellen Burke (President)
- Jarrod Lovett (Chief Executive Officer)
People named in this filing
- Maryellen Burke (President)
- Max Gaston (Treasurer and Secretary)
- Jarrod Lovett (Chief Executive Officer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Access to opportunities for marginalzed people in South Asia
What it reported doing in 2025
Sustainable livelihoods: we work with people to form a different version of themselves, develop that vision into reality through vocational training, skills building, building networks and fostering an enabling environment
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 45% for direct work, and 55% for grants.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 39
- Transparency & Controls: 82
- Sustainability: 35
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 38.5%; rating input score 38
- Program expense ratio: 40.7%; rating input score 41
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 5.4%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 0.53; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 72.2%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: -50.5% per year; rating input score 0; 8th percentile among comparable filings
- Revenue growth: -41.3% per year; rating input score 0; 8th percentile among comparable filings
- Asset growth: -9.5% per year; rating input score 0; 18th percentile among comparable filings
Details
- Where the money goes: 38.5% of revenue deployed · 40.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $9K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 38/100.
- Moderate — Financial Efficiency: Program expense ratio scored 41/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 54/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 1/100.