Kum Along Citizens Club Inc

Analysis

Kum Along Citizens Club Inc is a registered charity in United States, based in Forest City, IA. It received its IRS tax-exemption ruling in May 1989, 37 years ago. 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, Kum Along Citizens Club Inc reported income of $61k and spending of $107k, spending 175% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $82k to $61k (-26%), an average of -7.1% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 121% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kum Along Citizens Club Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within IA. Charities of a similar size with the same main cause include Friends of the Robbins Library ($61k), Parent Booster USA Inc ($61k) and Sands Montessori School Foundation Inc ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $36k. At year end it held assets of $715k against liabilities of $0, net assets of $715k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.