Kaleo Missions Inc

Analysis

Kaleo Missions Inc is a registered charity in United States, based in Denton, TX. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kaleo Missions Inc reported income of $87k and spending of $91k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $350k to $87k (-75%), an average of -29% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kaleo Missions Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include Christian Parenting Ministries Foundation ($87k), Another Chance Christ Ministries Inc ($87k) and Iglesia Bautista Monte Sinai de High Point Inc ($87k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.2% and program service revenue 91% of the total. Other salaries and wages came to $51k. At year end it held assets of $22k against liabilities of $0, net assets of $22k. It reported 7 employees.