Katallasso Inc

Analysis

Katallasso Inc is a registered charity in United States, based in York, PA. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Katallasso Inc reported income of $786k and spending of $763k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $309k to $786k (+154%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Katallasso Inc 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 76th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Ottawa County Family Advocacy Center Inc ($786k), Qlarant Inc ($786k) and SFV Health Center Inc ($786k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $128k (17% of expenses). Other salaries and wages came to $168k. At year end it held assets of $97k against liabilities of $979, net assets of $96k. It reported 9 employees.