Kleb Inc

Analysis

Kleb Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 June 2023, Kleb Inc reported income of $3.7m and spending of $3.5m, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.8m to $3.7m (+34%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kleb Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KY. Charities of a similar size with the same main cause include Vision for Equality Inc ($3.7m), Vna Space Coast Inc ($3.7m) and Gateways Industries Inc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.3% and program service revenue 95% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $1.9m against liabilities of $132k, net assets of $1.8m. It reported 33 employees.