Ivanhoe Neighborhood Council

Analysis

Ivanhoe Neighborhood Council is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Ivanhoe Neighborhood Council reported income of $745k and spending of $539k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $745k (-52%), an average of -17% a year. The sharpest change came in the year to December 2022, when income rose by 110%. Over the whole period it spent 65% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ivanhoe Neighborhood Council sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 73rd percentile within MO. Charities of a similar size with the same main cause include Alleghany Cares Inc ($745k), Phelps County Industrial Solutions ($746k) and Downtown Arlington Management Corporation ($745k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $57k (11% of expenses). Other salaries and wages came to $91k. At year end it held assets of $2.9m against liabilities of $372k, net assets of $2.6m. It reported 7 employees.