Kaleidoscope Youth Center Inc

Analysis

Kaleidoscope Youth Center Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2023, Kaleidoscope Youth Center Inc reported income of $2.3m and spending of $2.2m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $692k to $2.3m (+239%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 75%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kaleidoscope Youth Center Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Chocolate Mint Foundation ($2.3m), Boys & Girls Club of Capistrano Valley ($2.3m) and Starting Arts Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $2.3m against liabilities of $1.2m, net assets of $1.1m. It reported 20 employees.