Kaleo on the River

Analysis

Kaleo on the River is a registered charity in United States, based in Burwell, NE. It received its IRS tax-exemption ruling in December 2024, 2 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Kaleo on the River reported income of $82k and spending of $127k, spending 154% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $89k to $82k (-7.8%), an average of -2.7% a year. Over the whole period it spent 145% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kaleo on the River sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within NE. Charities of a similar size with the same main cause include Grizzlies Youth Football League ($82k), Stow Youth Softball Inc ($82k) and Winchester Royals Inc ($82k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 56% and program service revenue 17% of the total. At year end it held assets of $277k against liabilities of $0, net assets of $277k.

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.