Kenosha Area Family and Aging Services Inc

Analysis

Kenosha Area Family and Aging Services Inc is a registered charity in United States, based in Kenosha, WI. It received its IRS tax-exemption ruling in October 1969, 57 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kenosha Area Family and Aging Services Inc reported income of $3.6m and spending of $3.9m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $3.6m (+23%), an average of +5.3% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kenosha Area Family and Aging Services Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WI. Charities of a similar size with the same main cause include Bay County Council on Aging Inc ($3.6m), Casa de Esperanza de Los Ninos Incorporated ($3.6m) and New York Alliance for Inclusion and Innovation Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 5.7% of the total. Compensation of current officers, directors and key employees was $121k (3.1% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $1.8m against liabilities of $1.3m, net assets of $466k. It reported 73 employees.