Build Wyco Inc

Analysis

Build Wyco Inc is a registered charity in United States, based in Kansas City, KS. It received its IRS tax-exemption ruling in June 1982, 44 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Build Wyco Inc reported income of $2.9m and spending of $3.1m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.9m (+38%), an average of +8.5% a year. The sharpest change came in the year to December 2022, when income rose by 124%. Over the whole period it spent 76% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Build Wyco Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within KS. Charities of a similar size with the same main cause include Richland County Land Reutilization Corporation ($2.9m), Residences at Sherburne Commons Inc ($2.9m) and Friendship Manor ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $203k (6.6% of expenses). Other salaries and wages came to $875k. It paid $23k in professional fundraising fees. At year end it held assets of $14.6m against liabilities of $10.3m, net assets of $4.3m. It reported 23 employees.