Klamath-Lake Community Action Services

Analysis

Klamath-Lake Community Action Services is a registered charity in United States, based in Klamath Falls, OR. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2023, Klamath-Lake Community Action Services reported income of $7.1m and spending of $7.1m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $7.1m (+75%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 61%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Klamath-Lake Community Action Services sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within OR. Charities of a similar size with the same main cause include Women in Cable Telecommunications ($7.1m), GW Commercial Services Inc ($7.1m) and Northwest Indiana Forum Foundation ($7.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $184k (2.6% of expenses). Other salaries and wages came to $682k. At year end it held assets of $1.7m against liabilities of $1.7m, net assets of $25k. It reported 34 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.