Kaleo International Inc

Analysis

Kaleo International Inc is a registered charity in United States, based in Hidalgo, TX. It received its IRS tax-exemption ruling in August 2016, 10 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 International Inc reported income of $930k and spending of $1.0m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $302k to $930k (+208%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 72%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kaleo International Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Dynamis World Minstries ($929k), Deep Well Campus Ministries ($930k) and Broken Lives Ministry ($929k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $34k (3.4% of expenses). At year end it held assets of $95k against liabilities of $67k, net assets of $27k.