Kansas Manufacturing Solutions Inc

Analysis

Kansas Manufacturing Solutions Inc is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in April 1993, 33 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Kansas Manufacturing Solutions Inc reported income of $2.9m and spending of $2.6m, spending 90% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $2.6m to $2.9m (+11%), an average of +2.7% a year. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kansas Manufacturing Solutions Inc sits at the 88th percentile: it is larger than about 88% 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 Randolph County Caring Community Inc ($2.9m), Hyattsville Community Development Corporation ($2.9m) and Community House Association Inc ($2.9m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 88% and program service revenue 9.5% of the total. Compensation of current officers, directors and key employees was $312k (12% of expenses). Other salaries and wages came to $808k. At year end it held assets of $1.3m against liabilities of $298k, net assets of $961k. It reported 19 employees.