Kallol

Analysis

Kallol is a registered charity in United States, based in Naperville, IL. It received its IRS tax-exemption ruling in December 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Kallol reported income of $107k and spending of $123k, spending 115% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income fell from $110k to $107k (-2.5%), an average of -2.5% a year. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kallol sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within IL. Charities of a similar size with the same main cause include Sanctuary of Tao ($107k), Chesterton High School Music Boosters Association ($107k) and Heritage Choir Inc ($107k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 3.7% and program service revenue 96% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.