KCBX Inc

Analysis

KCBX Inc is a registered charity in United States, based in SN Luis Obisp, CA. It received its IRS tax-exemption ruling in April 1974, 52 years ago. 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 September 2023, KCBX Inc reported income of $1.6m and spending of $1.7m, spending 107% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.3m to $1.6m (+23%), an average of +5.3% a year. The sharpest change came in the year to September 2021, when income rose by 37%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, KCBX Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Lake Forest Ranch Inc ($1.6m), John R and Eleanor R Mitchell Foundation ($1.6m) and San Francisco Vikings Soccer Club Inc ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 72% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $148k (8.7% of expenses). Other salaries and wages came to $566k. At year end it held assets of $958k against liabilities of $75k, net assets of $883k. It reported 31 employees.