Kearney Villa Housing Corporation

Analysis

Kearney Villa Housing Corporation is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in June 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, Kearney Villa Housing Corporation reported income of $201k and spending of $241k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $186k to $201k (+8.0%), an average of +1.9% a year. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kearney Villa Housing Corporation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within MO. Charities of a similar size with the same main cause include Chino High School Sports Boosters Club ($201k), Perrysburg Rotary Service Foundation ($201k) and PTA New York Congress ($201k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $42k. At year end it held assets of $422k against liabilities of $870k, net assets of -$447k. It reported 2 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.