Kooyrigs Inc

Analysis

Kooyrigs Inc is a registered charity in United States, based in W Bloomfield, MI. It received its IRS tax-exemption ruling in November 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kooyrigs Inc reported income of $221k and spending of $152k, leaving 31% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $459k to $221k (-52%), an average of -22% a year. The sharpest change came in the year to December 2021, when income dropped by 47%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kooyrigs Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MI. Charities of a similar size with the same main cause include Sumpter Valley Railroad Restoration Inc ($221k), Oak Park River Forest Civic Theatre ($221k) and Jacksonville Scottish Highland Games Inc ($221k).

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 $120k against liabilities of $0, net assets of $120k.