The Friends of the University of the Holy Spirit of Kaslik Inc

Analysis

The Friends of the University of the Holy Spirit of Kaslik Inc is a registered charity in United States, based in Lakewood, OH. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, The Friends of the University of the Holy Spirit of Kaslik Inc reported income of $530k and spending of $188k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $209k to $530k (+154%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 81%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Friends of the University of the Holy Spirit of Kaslik Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include KLTV Inc ($530k), Delta Arts Alliance Inc ($530k) and Friends of the Temecula Childrens Museum ($530k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 108% of the total. At year end it held assets of $868k against liabilities of $0, net assets of $868k.