Kansas Homestead Rehabilitation

Analysis

Kansas Homestead Rehabilitation is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in May 1935, 91 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, Kansas Homestead Rehabilitation reported income of $275k and spending of $289k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $361k to $275k (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kansas Homestead Rehabilitation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within KS. Charities of a similar size with the same main cause include Tuscarora Township Volunteer Fire Assoc Inc ($275k), Maryland Vietnamese Mutual Association Inc ($275k) and Symphony Volunteers Inc ($275k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 55% of the total. Compensation of current officers, directors and key employees was $171k (59% of expenses). At year end it held assets of $8.2m against liabilities of $3,372, net assets of $8.2m. It reported 4 employees.