Kula Project Inc

Analysis

Kula Project Inc is a registered charity in United States, based in Costa Mesa, CA. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Kula Project Inc reported income of $623k and spending of $768k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $651k to $623k (-4.3%), an average of -1.1% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 92% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Kula Project Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Downtown Hayward Improvement Association ($622k), Livingkind Inc ($623k) and Going Coastal Inc ($622k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 118% of the total. Compensation of current officers, directors and key employees was $94k (12% of expenses). Other salaries and wages came to $155k. At year end it held assets of $418k against liabilities of $14k, net assets of $404k. It reported 3 employees.