The Kaleidoscope Institute

Analysis

The Kaleidoscope Institute is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Kaleidoscope Institute reported income of $302k and spending of $316k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $226k to $302k (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2020, when income rose by 139%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Kaleidoscope Institute sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Learning Vine ($302k), Beis Eliyahu Inc ($302k) and Illuminations Center for Dyslexia Inc ($302k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.8% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $161k (51% of expenses). Other salaries and wages came to $110k. At year end it held assets of $63k against liabilities of $1,102, net assets of $62k. It reported 3 employees.