Cultivate Kansas City Inc

Analysis

Cultivate Kansas City Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Cultivate Kansas City Inc reported income of $1.5m and spending of $1.5m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $872k to $1.5m (+69%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cultivate Kansas City Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within MO. Charities of a similar size with the same main cause include West End Community Center Inc ($1.5m), Lafayette Parish Council on Aging Inc ($1.5m) and Salina Child Care Association Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $84k (5.6% of expenses). Other salaries and wages came to $672k. At year end it held assets of $640k against liabilities of $80k, net assets of $560k. It reported 27 employees.