Kansas City United Methodist Retirement Home Inc

Analysis

Kansas City United Methodist Retirement Home Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in July 1974, 52 years ago. Its declared purposes cover human services, 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, Kansas City United Methodist Retirement Home Inc reported income of $19.8m and spending of $24.8m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.7m to $19.8m (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kansas City United Methodist Retirement Home Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MO. Charities of a similar size with the same main cause include Central State Community Services Oklahoma Inc ($19.8m), Jewish Family & Career Services Inc ($19.8m) and Hospice of Martin & St Lucie Inc ($19.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $153k (0.6% of expenses). Other salaries and wages came to $8.2m. At year end it held assets of $48.4m against liabilities of $88.3m, net assets of -$39.9m. It reported 330 employees.