Kulpmont 100 Inc

Analysis

Kulpmont 100 Inc is a registered charity in United States, based in Kulpmont, PA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Kulpmont 100 Inc reported income of $106k and spending of $19k, leaving 82% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $7,169 to $106k (+1382%), an average of +1382% a year. The sharpest change came in the year to December 2023, when income rose by 1382%. Over the whole period it spent 34% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kulpmont 100 Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 36th percentile within PA. Charities of a similar size with the same main cause include Smithson Valley High School Band Boosters ($106k), Haven West Inc ($106k) and Santa Rosa Sunrise Rotary Foundation ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.