Auxiliary of the Milton & Hattie Kutz Home Inc

Analysis

Auxiliary of the Milton & Hattie Kutz Home Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in October 1975, 51 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, Auxiliary of the Milton & Hattie Kutz Home Inc reported income of $50k and spending of $121k, spending 241% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $84k to $50k (-40%), an average of -9.8% a year. The sharpest change came in the year to December 2020, when income rose by 68%. Over the whole period it spent 151% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Auxiliary of the Milton & Hattie Kutz Home Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within DE. Charities of a similar size with the same main cause include Paradise Symphony Society Inc ($50k), Association of Fundraising Professionals ($50k) and Keith County Historical Society ($50k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.6% of the total. At year end it held assets of $376k against liabilities of $0, net assets of $376k.