Mo-Kan Development Inc

Analysis

Mo-Kan Development Inc is a registered charity in United States, based in Saint Joseph, MO. It received its IRS tax-exemption ruling in May 1983, 43 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 September 2023, Mo-Kan Development Inc reported income of $151k and spending of $175k, spending 116% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $199k to $151k (-24%), an average of -6.6% a year. The sharpest change came in the year to September 2023, when income rose by 103%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mo-Kan Development Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within MO. Charities of a similar size with the same main cause include Society of American Military Engineers ($151k), Do the Right Thing ($151k) and Clearcreek I S D Support Groups District Support Group ($151k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 82% of the total. At year end it held assets of $555k against liabilities of $28k, net assets of $527k.

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.