Kan-Do Apartments Inc a Kansas Not for Profit Corporation

Analysis

Kan-Do Apartments Inc a Kansas Not for Profit Corporation is a registered charity in United States, based in Kansas City, KS. It received its IRS tax-exemption ruling in August 1993, 33 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kan-Do Apartments Inc a Kansas Not for Profit Corporation reported income of $106k and spending of $109k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $106k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kan-Do Apartments Inc a Kansas Not for Profit Corporation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within KS. Charities of a similar size with the same main cause include His Way ($106k), Pathway School Inc ($106k) and Porterville Area Coordinating Council Inc ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. At year end it held assets of $290k against liabilities of $5,285, net assets of $285k.