Catholic Kolping Society of America

Analysis

Catholic Kolping Society of America is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Catholic Kolping Society of America reported income of $264k and spending of $124k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $240k to $264k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Kolping Society of America sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Mediation Center of Kentucky Inc ($264k), Oil Information Library of Wichita Falls ($264k) and Food Pantry Inc ($264k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 0.2% of the total. At year end it held assets of $2.9m against liabilities of $0, net assets of $2.9m.