Kan-Win

Analysis

Kan-Win is a registered charity in United States, based in Park Ridge, IL. It received its IRS tax-exemption ruling in November 1994, 32 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 2023, Kan-Win reported income of $2.1m and spending of $1.7m, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $745k to $2.1m (+179%), an average of +29% a year. The sharpest change came in the year to June 2020, when income rose by 48%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kan-Win sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Young Womens Christian Association Southeast Wisconsin Inc ($2.1m), Family Works Programs Inc ($2.1m) and New York Council on Adoptable Children Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $91k (5.5% of expenses). Other salaries and wages came to $853k. At year end it held assets of $2.5m against liabilities of $297k, net assets of $2.3m. It reported 25 employees.