Kcym Philanthropic Fund

Analysis

Kcym Philanthropic Fund is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in October 1994, 32 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 April 2024, Kcym Philanthropic Fund reported income of $319k and spending of $10k, leaving 97% of income unspent that year. Across the 4 years on record, from April 2019 to April 2024, income fell from $457k to $319k (-30%), an average of -11% a year. The sharpest change came in the year to April 2023, when income dropped by 120%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kcym Philanthropic Fund sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within MO. Charities of a similar size with the same main cause include Hughes Neighborhood Housing Inc ($319k), High Country Conservation Advocates ($319k) and North Penn School District Educational Foundation ($319k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 116% of the total. At year end it held assets of $319k against liabilities of $0, net assets of $319k.