Mo Kan 20-20 Vision Inc

Analysis

Mo Kan 20-20 Vision Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 June 2024, Mo Kan 20-20 Vision Inc reported income of $505k and spending of $476k, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $242k to $505k (+108%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 61%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Mo Kan 20-20 Vision Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within MO. Charities of a similar size with the same main cause include 1026 East Center Street LLC ($504k), Healthy Kidz R US Athletic League ($505k) and Footpath Foundation ($504k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $103k (22% of expenses). Other salaries and wages came to $175k. At year end it held assets of $414k against liabilities of $8,356, net assets of $406k. It reported 13 employees.