Kalg Cultural Organization

Analysis

Kalg Cultural Organization is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in June 2021, 5 years ago. 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, Kalg Cultural Organization reported income of $83k and spending of $78k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $107k to $83k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kalg Cultural Organization sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Danish American Heritage Society Inc ($83k), Grundy County Association for the Handicapped ($83k) and Saint Alphonsus Regional Medical Center Auxiliary ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,358 against liabilities of $0, net assets of $5,358.