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Kiva Microfunds
Kiva Microfunds reported $39.8 million in revenue and $34.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $73.78 went to program services, $17.16 to management and general costs and $9.06 to fundraising. Its largest source of revenue was contributions and grants: 85.1% of the total. The highest compensation it reported for one person was $553,577 (CEO). 18 people received more than $100,000 in reportable compensation. Revenue rose 99% between 2019 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $35MFor context, the median across 469 covered international, foreign affairs & national security charities: $89.04 programs, $8.28 management, $2.68 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $40MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 73.8% | 86.1% |
| Management & general Part IX 25(C) ÷ 25(A) | 17.2% | 8.0% |
| Fundraising Part IX 25(D) ÷ 25(A) | 9.1% | 2.6% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.09 | $0.03 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 85.1% | 96.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 2.5% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $553,577 | $341,362 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.60% | 1.06% |
| People paid over $100,000 Part VII, line 2 | 18 | 10 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 12.1 | 7.5 |
| Independent voting board members Part VI 1a–1b | 4 of 5 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseKiva partners with 206 active global microfinance institutions ("mfis") and other socially minded organizations and enterprises in ninety-six (96) countries. This network of partnerships enables kiva to connect with borrowers seeking micro-loans. Kiva's partner organizations are responsible for selecting and vetting the borrowers and administering the loans. Kiva's online platform connects these borrowers with individuals who want to contribute loan funds via the internet.kiva also facilitates direct loans to individuals in the united states.kiva created kiva- daf, llc ("kdaf") in 2013 to…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO Director/trustee, officer, 40.00 hrs/week | $536,837 | $0 | $16,740 | $553,577 |
| CTO Officer, 40.00 hrs/week | $380,169 | $0 | $16,740 | $396,909 |
| GENERAL COUNSEL Officer, 40.00 hrs/week | $377,460 | $0 | $16,740 | $394,200 |
| EXEC. VP, PEOPLE & PLACES Officer, 40.00 hrs/week | $306,562 | $0 | $16,740 | $323,302 |
| EXEC. VP, PARTNERSHIPS & COMMUNICATIONS Officer, 40.00 hrs/week | $285,524 | $0 | $16,740 | $302,264 |
| EXEC. VP, IMPACT INV Officer, 40.00 hrs/week | $277,951 | $0 | $16,740 | $294,691 |
| SENIOR DIRECTOR, ENGINEERING Highest compensated employee, 40.00 hrs/week | $262,628 | $0 | $14,240 | $276,868 |
| DIRECTOR OF DATA SCIENCE Highest compensated employee, 40.00 hrs/week | $238,292 | $0 | $16,740 | $255,032 |
18 people received more than $100,000 in reportable compensation from Kiva Microfunds (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.5M (Part IX, line 5).
7 filings since 2019
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b5 · 4 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5137
- Volunteers Part I, line 6460
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| OYSTER HR INC Global employment platform | $976,885 |
| SOUTH GEEKS LLC Engineering support | $530,500 |
| AMAZON WEB SERVICES Technical and cloud services | $338,301 |
| NIFTIC AGENCY Marketing & strategic services | $318,969 |
| PRIORI LEGAL INC Legal and professional services | $266,729 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
34 private foundations reported grants to Kiva Microfunds totaling $2.3M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Kiva Microfunds's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Kiva Microfunds, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Kiva Microfunds spent in FY2025, $73.78 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Himalayan Cataract ProjectNorwich, VT · revenue $40M · programs 85.2% · 2025
- Worldwide Friends FoundationNew York, NY · revenue $40M · programs 96.1% · 2024
- Abraham's BlessingAlbany, NY · revenue $39M · programs 99.1% · 2024
- Search for Common GroundWashington, DC · revenue $41M · programs 76.7% · 2024
- The German Marshall Fund of the United StatesWashington, DC · revenue $38M · programs 61.8% · 2024
All international, foreign affairs & national security charities · Largest charities in California
Questions people ask
How much of Kiva Microfunds's spending goes to programs?
In the fiscal year ending June 30, 2025, Kiva Microfunds reported that 73.8% of its $34.5 million in expenses went to program services, 17.2% to management and general and 9.1% to fundraising (Form 990, Part IX).
How much does Kiva Microfunds pay its top executive?
The largest total compensation Kiva Microfunds reported for one person in the fiscal year ending June 30, 2025 was $553,577, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Kiva Microfunds get its money?
Of $39.8 million in revenue in the fiscal year ending June 30, 2025, 85.1% came from contributions and grants and 2.5% from program service revenue (Form 990, Part VIII).
Is Kiva Microfunds a registered charity?
The IRS lists EIN 71-0992446 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202600899349301620 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521329349303342 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202323199349322392 · read the filing
- FY2022 (6 mo.): Form 990 for the 6-month short period ending June 30, 2022 (amended), object 202313039349301401 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243189349319644 · read the filing
- 2020: Form 990 for calendar year 2020, object 202131379349305303 · read the filing
- 2019: Form 990 for calendar year 2019, object 202011979349301306 · read the filing
All filings for EIN 71-0992446: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.