Kaleidoscope Adult Day Program

Analysis

Kaleidoscope Adult Day Program is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Kaleidoscope Adult Day Program reported income of $1.5m and spending of $1.3m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.5m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kaleidoscope Adult Day Program sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Olympia Snowe Womens Leadership Ins ($1.5m), Child Care Partners Initiative ($1.5m) and Share the Dough ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $336k (26% of expenses). Other salaries and wages came to $616k. At year end it held assets of $1.0m against liabilities of $2,819, net assets of $1.0m. It reported 33 employees.