Argentine Neighborhood Development Association

Analysis

Argentine Neighborhood Development Association is a registered charity in United States, based in Olathe, KS. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Argentine Neighborhood Development Association reported income of $91k and spending of $109k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $627k to $91k (-85%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 74%. Over the whole period it spent 132% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Argentine Neighborhood Development Association sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within KS. Charities of a similar size with the same main cause include Douglas County Ventures Inc ($91k), Bethel Mission Inc ($92k) and Cascade Cluster Apartment Associates ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $9,495 (8.7% of expenses). At year end it held assets of $2.6m against liabilities of $912k, net assets of $1.7m.