Kallion Leadership

Analysis

Kallion Leadership is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in February 2020, 6 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 December 2023, Kallion Leadership reported income of $59k and spending of $61k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $7,708 to $59k (+668%), an average of +177% a year. The sharpest change came in the year to December 2022, when income rose by 700%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kallion Leadership sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within MD. Charities of a similar size with the same main cause include Demiero Jazz Festival ($59k), Brownsville Area Revitalization Corporation ($59k) and Cathedral Park Performing Arts Collective ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. At year end it held assets of $10k against liabilities of $57, net assets of $10k.