Kansas City Metropolitan Library & Information Network

Analysis

Kansas City Metropolitan Library & Information Network is a registered charity in United States, based in Independence, MO. It received its IRS tax-exemption ruling in December 1982, 44 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Kansas City Metropolitan Library & Information Network reported income of $980k and spending of $914k, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $667k to $980k (+47%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kansas City Metropolitan Library & Information Network sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within MO. Charities of a similar size with the same main cause include Peirce Extended Day Program Inc ($980k), South Carolina First Steps to School Readiness Board of Trustees ($980k) and St Dunstans Academy ($980k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 50% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $93k (10% of expenses). Other salaries and wages came to $188k. At year end it held assets of $1.1m against liabilities of $229k, net assets of $827k. It reported 16 employees.