Kreider Services Inc

Analysis

Kreider Services Inc is a registered charity in United States, based in Dixon, IL. It received its IRS tax-exemption ruling in March 1978, 48 years ago. 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 June 2023, Kreider Services Inc reported income of $18.6m and spending of $18.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.9m to $18.6m (+4.0%), an average of +1.0% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kreider Services 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 97th percentile within IL. Charities of a similar size with the same main cause include Catholic Charities West Michigan ($18.6m), Centennial Mental Health Center Incorporated ($18.6m) and Mountain Valleys Health Centers ($18.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Other salaries and wages came to $11.9m. At year end it held assets of $7.2m against liabilities of $3.6m, net assets of $3.6m. It reported 605 employees.