Kolot Halev

Analysis

Kolot Halev is a registered charity in United States, based in Kensington, MD. It received its IRS tax-exemption ruling in September 2010, 16 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 August 2023, Kolot Halev reported income of $80k and spending of $65k, spending 81% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $56k to $80k (+42%), an average of +42% a year. The sharpest change came in the year to August 2023, when income rose by 42%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kolot Halev sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within MD. Charities of a similar size with the same main cause include Maya Cinemas Education Fund Inc ($80k), Sonoma League for Historic Preservation ($80k) and Glastonbury Arts Inc ($80k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 74% and program service revenue 9.4% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.