Kaufherr Rescource Center
Analysis
Kaufherr Rescource Center is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 April 2024, Kaufherr Rescource Center reported income of $161k and spending of $139k, spending 87% of its income. Across the 6 years on record, from April 2019 to April 2024, income grew from $106k to $161k (+52%), an average of +8.7% a year. The sharpest change came in the year to April 2024, when income rose by 52%. Over the whole period it spent 98% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kaufherr Rescource Center sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within IL. Charities of a similar size with the same main cause include Umbrella Latch Key Program ($160k), Wayne County Sheriffs Youth Education Fund ($161k) and TCN Inc ($160k).
On its Form 990 for the period ending April 2024, revenue came from contributions and grants 75% of the total. Compensation of current officers, directors and key employees was $69k (50% of expenses). Other salaries and wages came to $23k. At year end it held assets of $554k against liabilities of $2,896, net assets of $551k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 75%
- Other 25%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Umbrella Latch Key Program | Apple Valley | $160k |
| Wayne County Sheriffs Youth Education Fund | Detroit | $161k |
| TCN Inc | Charlotte | $160k |
| Kerr Arts & Cultural Center Inc | Kerrville | $161k |