Khaleidoscope Health Care Inc

Analysis

Khaleidoscope Health Care Inc is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Khaleidoscope Health Care Inc reported income of $1.9m and spending of $2.0m, spending 105% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.3m to $1.9m (-19%), an average of -5.1% a year. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Khaleidoscope Health Care Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Breakthrough House Inc ($1.9m), Gildas Club Chicago ($1.9m) and Dannys Miracle Angel Network Dman Foundation ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $33k against liabilities of $143k, net assets of -$110k. It reported 30 employees.