Khelshala Inc

Analysis

Khelshala Inc is a registered charity in United States, based in Hingham, MA. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2023, Khelshala Inc reported income of $63k and spending of $37k, leaving 41% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $63k to $63k (+0.0%), an average of +0.0% a year. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Khelshala Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 33rd percentile within MA. Charities of a similar size with the same main cause include Csa Synchro ($63k), Tekmasters Swim Club ($63k) and Aloha Basketball Officals ($63k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.