KC Financial MGMT Services Inc

Analysis

KC Financial MGMT Services Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, KC Financial MGMT Services Inc reported income of $185k and spending of $176k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $173k to $185k (+7.0%), an average of +7.0% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, KC Financial MGMT Services Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within MN. Charities of a similar size with the same main cause include Water & Rails Inc ($185k), Providence Place IV Inc ($185k) and Finding Home Foundation Inc ($185k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.