Variety of Greater Kansas City Tent 8

Analysis

Variety of Greater Kansas City Tent 8 is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2023, Variety of Greater Kansas City Tent 8 reported income of $1.5m and spending of $1.3m, spending 86% of its income. Across the 3 years on record, from September 2020 to September 2023, income grew from $680k to $1.5m (+122%), an average of +49% a year. The sharpest change came in the year to September 2022, when income rose by 146%. Over the whole period it spent 76% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Variety of Greater Kansas City Tent 8 sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MO. Charities of a similar size with the same main cause include Make a Wish Foundation of Vermont & Northeast New York Inc ($1.5m), Appalachian Community Fund Inc ($1.5m) and National Christian Charitable Foundation Inc ($1.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $272k (21% of expenses). At year end it held assets of $1.7m against liabilities of $134k, net assets of $1.6m. It reported 4 employees.