Kolbe Center for the Study of Creation

Analysis

Kolbe Center for the Study of Creation is a registered charity in United States, based in Mount Jackson, VA. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Kolbe Center for the Study of Creation reported income of $533k and spending of $544k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $447k to $533k (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2022, when income rose by 81%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kolbe Center for the Study of Creation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include Redemption House ($533k), American Friends of Keren Achim ($533k) and Idaho Regular Baptist Bible Camp Inc ($532k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.1% of the total. Compensation of current officers, directors and key employees was $55k (10% of expenses). At year end it held assets of $122k against liabilities of $2,026, net assets of $120k.

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.