Kaleo Inc

Analysis

Kaleo Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in June 2014, 12 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, Kaleo Inc reported income of $216k and spending of $179k, spending 83% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $230k to $216k (-6.1%), an average of -2.1% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kaleo Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within IN. Charities of a similar size with the same main cause include Right Direction Church ($216k), Happy Caldwell Ministries Inc ($216k) and Robinson Advancement Foundation for St Vincent Inc ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 2.3% of the total. At year end it held assets of $203k against liabilities of $0, net assets of $203k.