Ko-Kwel Wellness Center Qalicb

Analysis

Ko-Kwel Wellness Center Qalicb is a registered charity in United States, based in Coos Bay, OR. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ko-Kwel Wellness Center Qalicb reported income of $684k and spending of $988k, spending 144% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $491k to $684k (+39%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 78%. Over the whole period it spent 128% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ko-Kwel Wellness Center Qalicb sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within OR. Charities of a similar size with the same main cause include Charleys Fund Inc ($684k), Hospice Care Foundation of the Piedmont Inc ($685k) and Asian Women for Health Inc ($684k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $11.0m against liabilities of $11.6m, net assets of -$638k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.