Kaboom Collective

Analysis

Kaboom Collective is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in June 2021, 5 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 June 2024, Kaboom Collective reported income of $194k and spending of $130k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to June 2024, income grew from $111k to $194k (+75%), an average of +75% a year. The sharpest change came in the year to June 2024, when income rose by 75%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kaboom Collective 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 53rd percentile, and in the 53rd percentile within OH. Charities of a similar size with the same main cause include Dorset Players Inc ($194k), Chimera Art Space ($194k) and Beach to Bay Heritage Area Inc ($194k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $185k against liabilities of $0, net assets of $185k.