Chain of Hope KC

Analysis

Chain of Hope KC is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Chain of Hope KC reported income of $435k and spending of $484k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $266k to $435k (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 245%. Over the whole period it spent 70% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Chain of Hope KC sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within MO. Charities of a similar size with the same main cause include Darke County Agricultural Society ($434k), Bear League ($435k) and Morristown-Hamblen Humane Society Inc ($434k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $56k (11% of expenses). Other salaries and wages came to $77k. At year end it held assets of $973k against liabilities of -$61k, net assets of $1.0m. It reported 5 employees.