Central Area Betterment Association

Analysis

Central Area Betterment Association is a registered charity in United States, based in Kansas City, KS. It received its IRS tax-exemption ruling in November 1978, 48 years ago. 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, Central Area Betterment Association reported income of $248k and spending of $281k, spending 114% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $167k to $248k (+49%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Area Betterment Association sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within KS. Charities of a similar size with the same main cause include Indigenous Training Ministries Inc ($248k), Overseas Press Club Foundation ($248k) and Life Training Institute ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.8% of the total. Compensation of current officers, directors and key employees was $60k (21% of expenses). At year end it held assets of $724k against liabilities of $618k, net assets of $106k. It reported 1 employees.