Exceeds Expectations Inc

Analysis

Exceeds Expectations Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in March 2018, 8 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, Exceeds Expectations Inc reported income of $124k and spending of $150k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $124k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Exceeds Expectations Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within MO. Charities of a similar size with the same main cause include Family Peace Project Inc ($124k), Summit Impact a Nonprofit Corporation ($124k) and Ngwa National Association USA Inc ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.0% of the total. At year end it held assets of $50k against liabilities of $17k, net assets of $33k.