The Downtown Shareholders of Kansas City Kansas Inc

Analysis

The Downtown Shareholders of Kansas City Kansas Inc is a registered charity in United States, based in Kansas City, KS. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, The Downtown Shareholders of Kansas City Kansas Inc reported income of $468k and spending of $414k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $521k to $468k (-10%), an average of -2.6% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Downtown Shareholders of Kansas City Kansas Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within KS. Charities of a similar size with the same main cause include Worker Justice Wisconsin ($468k), Arsag International Inc ($469k) and People Organized for Westside Renewal ($468k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. At year end it held assets of $261k against liabilities of $23k, net assets of $238k.