Coldwater of Lees Summit

Analysis

Coldwater of Lees Summit is a registered charity in United States, based in Lees Summit, MO. It received its IRS tax-exemption ruling in January 2006, 20 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Coldwater of Lees Summit reported income of $970k and spending of $906k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $300k to $970k (+223%), an average of +34% a year. The sharpest change came in the year to December 2020, when income rose by 137%. Over the whole period it spent 77% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Coldwater of Lees Summit sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within MO. Charities of a similar size with the same main cause include French Broad Volunteer Fire & Rescue Inc ($969k), East Petersburg Fire Co 1 ($971k) and Middlefield Volunteer Fire Dept Inc ($969k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 8.9% of the total. Compensation of current officers, directors and key employees was $37k (4.1% of expenses). At year end it held assets of $1.2m against liabilities of $221k, net assets of $978k. It reported 2 employees.