Kalapa Media Inc

Analysis

Kalapa Media Inc is a registered charity in United States, based in Ocean Shores, WA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Kalapa Media Inc reported income of $376k and spending of $242k, leaving 36% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $371k to $376k (+1.1%), an average of +0.4% a year. The sharpest change came in the year to December 2021, when income rose by 251%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kalapa Media Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within WA. Charities of a similar size with the same main cause include Cornerstone Marriage & Family Life Ministries ($376k), Roadrunner World Missions Inc ($376k) and Abc Ministries ($376k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.3% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $36k (15% of expenses). At year end it held assets of $169k against liabilities of $2,141, net assets of $167k. It reported 1 employees.