Kelm Inc

Analysis

Kelm Inc is a registered charity in United States, based in Lynbrook, NY. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 November 2023, Kelm Inc reported income of $199k and spending of $181k, spending 91% of its income. Across the 2 years on record, from November 2022 to November 2023, income grew from $151k to $199k (+32%), an average of +32% a year. The sharpest change came in the year to November 2023, when income rose by 32%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kelm Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Agape Edcuational Center Inc ($199k), Francis Kiddie Kollege Preschool Inc ($199k) and Medina Community Library ($199k).

On its Form 990-EZ for the period ending November 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.