Avenue of Life Inc

Analysis

Avenue of Life Inc is a registered charity in United States, based in Kansas City, KS. It received its IRS tax-exemption ruling in July 2013, 13 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 December 2023, Avenue of Life Inc reported income of $4.5m and spending of $3.9m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $4.5m (+79%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Avenue of Life Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within KS. Charities of a similar size with the same main cause include Meals on Wheels of the Greater Lehigh Valley Inc ($4.5m), Mano a Mano Family Resource Center ($4.5m) and Laurel House ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Other salaries and wages came to $597k. At year end it held assets of $1.4m against liabilities of $18k, net assets of $1.4m. It reported 37 employees.