Budget and Fin MGMT Asst

Analysis

Budget and Fin MGMT Asst is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Budget and Fin MGMT Asst reported income of $489k and spending of $411k, spending 84% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $450k to $489k (+8.8%), an average of +2.8% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Budget and Fin MGMT Asst sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within MO. Charities of a similar size with the same main cause include The Well-Food and Clothing Source ($489k), Rappahannock Community Services Inc ($489k) and Inspired Hearts and Hands Inc ($489k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $77k (19% of expenses). Other salaries and wages came to $192k. At year end it held assets of $384k against liabilities of $90k, net assets of $294k. It reported 7 employees.