Calu Inc

Analysis

Calu Inc is a registered charity in United States, based in Mechanicsville, IA. It received its IRS tax-exemption ruling in January 1984, 42 years ago. 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 June 2024, Calu Inc reported income of $346k and spending of $293k, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $327k to $346k (+5.7%), an average of +1.4% a year. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Calu Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within IA. Charities of a similar size with the same main cause include Accident Volunteer Fire Department Incorporated ($346k), New Mexico Literacy Institute ($346k) and Shelter Providers of Orlando Inc ($346k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $17k. At year end it held assets of $587k against liabilities of $163k, net assets of $425k.