The Catholic Kolping Society of America Los Angeles Branch Inc

Analysis

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

In the financial year ending December 2023, The Catholic Kolping Society of America Los Angeles Branch Inc reported income of $239k and spending of $223k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $249k to $239k (-4.2%), an average of -1.1% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Catholic Kolping Society of America Los Angeles Branch Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Hebron Interfaith Human Services Inc ($239k), United Arts Council of Collier County Inc ($239k) and Wild Horse Education ($239k).

Compensation of current officers, directors and key employees was $73k (33% of expenses). Other salaries and wages came to $70k. At year end it held assets of $771k against liabilities of $1,344, net assets of $770k. It reported 5 employees.