Kibilio Inc

Analysis

Kibilio Inc is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in April 2023, 3 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, Kibilio Inc reported income of $125k and spending of $124k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $219k to $125k (-43%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kibilio Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 48th percentile within MA. Charities of a similar size with the same main cause include Village Theater Guild Ltd ($125k), Northwest Ohio Railroad Preservatio N Inc ($125k) and Black Hills Suzuki School ($125k).

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 $1.6m against liabilities of $570k, net assets of $1.1m.