Kim Wilson Housing

Analysis

Kim Wilson Housing is a registered charity in United States, based in Kansas City, KS. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Kim Wilson Housing reported income of $3.9m and spending of $4.2m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $3.9m (+170%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kim Wilson Housing sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within KS. Charities of a similar size with the same main cause include Neighborhood Housing Services of Waterbury Inc ($3.9m), Methow Housing TR ($3.9m) and Pratt Area Community Council Inc ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $112k (2.6% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $3.4m against liabilities of $383k, net assets of $3.0m. It reported 47 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.