Center Industries Company Inc

Analysis

Center Industries Company Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Center Industries Company Inc reported income of $5.7m and spending of $5.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.7m to $5.7m (+0.3%), an average of +0.1% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Center Industries Company Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within KS. Charities of a similar size with the same main cause include Tejas Next Health ($5.7m), Asian Health & Service Center ($5.7m) and Easter Seals Colorado ($5.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $4.4m. At year end it held assets of $209k against liabilities of $209k, net assets of $0. It reported 131 employees.