Kalamazoo County Ready 4s

Analysis

Kalamazoo County Ready 4s is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in July 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Kalamazoo County Ready 4s reported income of $1.3m and spending of $1.6m, spending 124% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.1m to $1.3m (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2023, when income rose by 340%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kalamazoo County Ready 4s 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 82nd percentile, and in the 82nd percentile within MI. Charities of a similar size with the same main cause include Childrens Center ($1.3m), Leep - Labor Economic Education Empowerment ($1.3m) and Pillars of the Community ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $123k (7.7% of expenses). Other salaries and wages came to $352k. At year end it held assets of $6.9m against liabilities of $153k, net assets of $6.7m. It reported 15 employees.