Kansas City Regional Destination Development Foundati

Analysis

Kansas City Regional Destination Development Foundati is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kansas City Regional Destination Development Foundati reported income of $470k and spending of $430k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $482k to $470k (-2.5%), an average of -0.6% a year. The sharpest change came in the year to December 2020, when income dropped by 46%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kansas City Regional Destination Development Foundati sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within MO. Charities of a similar size with the same main cause include Sixth Economic Empowerment Development Inc ($470k), Downtown Ontario Improvement Association ($471k) and Little Tokyo Community Council ($470k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 188% of the total. At year end it held assets of $739k against liabilities of $101k, net assets of $638k.