Catholic Kolping Society Chicago

Analysis

Catholic Kolping Society Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 1941, 85 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Catholic Kolping Society Chicago reported income of $102k and spending of $100k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $102k (+84%), an average of +84% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Catholic Kolping Society Chicago sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within IL. Charities of a similar size with the same main cause include Awakening Vajra ($102k), New Thing Inc ($102k) and New Creation Ministries ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $190k against liabilities of $0, net assets of $190k.