Ability KC

Analysis

Ability KC is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in September 1953, 73 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, Ability KC reported income of $16.7m and spending of $17.5m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.6m to $16.7m (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ability KC sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within MO. Charities of a similar size with the same main cause include Santa Fe Communications Inc ($16.6m), United Methodist Church Methodist Publishing House ($16.7m) and Centro Social LA Esperanza ($16.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $694k (4.0% of expenses). Other salaries and wages came to $10.7m. At year end it held assets of $14.3m against liabilities of $4.7m, net assets of $9.6m. It reported 318 employees.