American Friends of Kolot

Analysis

American Friends of Kolot is a registered charity in United States, based in Encino, CA. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, American Friends of Kolot reported income of $209k and spending of $139k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $570k to $209k (-63%), an average of -22% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Friends of Kolot sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Fort Plain Free Library ($209k), Parker-Jordan Christian Academy ($210k) and Gait Therapeutic Riding Center ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $60k against liabilities of $7,800, net assets of $52k.