Kala Foundation

Analysis

Kala Foundation is a registered charity in United States, based in Ewa Beach, HI. It received its IRS tax-exemption ruling in December 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, Kala Foundation reported income of $267k and spending of $241k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $224k to $267k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. 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, Kala Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within HI. Charities of a similar size with the same main cause include Friends of Peirce Mill Inc ($267k), Lucas Arts and Humanities Council Inc ($267k) and Virginia Project Inc ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $181k against liabilities of $0, net assets of $181k.