Swope Parkway Housing Inc

Analysis

Swope Parkway Housing Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in April 1994, 32 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, Swope Parkway Housing Inc reported income of $184k and spending of $201k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $159k to $184k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2022, when income rose by 193%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Swope Parkway Housing Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within MO. Charities of a similar size with the same main cause include Skills Foundation Inc ($184k), Hanalei Hawaiian Civic Club ($184k) and PTA California Congress of Parents Teachers & Students Inc ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. At year end it held assets of $663k against liabilities of $228k, net assets of $435k.