Meadow Park Independent Living Inc

Analysis

Meadow Park Independent Living Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in July 2001, 25 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Meadow Park Independent Living Inc reported income of $540k and spending of $498k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $312k to $540k (+73%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 114% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Meadow Park Independent Living Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within MO. Charities of a similar size with the same main cause include Working for Independent Living Inc ($540k), Rockland Street Elderly Housing Inc ($540k) and Liberia Economic and Social Development Inc ($539k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Other salaries and wages came to $94k. At year end it held assets of $2.2m against liabilities of $157k, net assets of $2.0m. It reported 4 employees.