Kane Area Community Center Inc

Analysis

Kane Area Community Center Inc is a registered charity in United States, based in Kane, PA. It received its IRS tax-exemption ruling in December 1999, 27 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 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 December 2023, Kane Area Community Center Inc reported income of $130k and spending of $118k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $128k to $130k (+1.3%), an average of +1.3% a year. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kane Area Community Center Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within PA. Charities of a similar size with the same main cause include Wausau River District Inc ($130k), Mt Carmel Area Industrial Development Committee ($130k) and Junior League of Bryan College Station Incorporated ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% of the total. At year end it held assets of $191k against liabilities of $3,774, net assets of $187k.