Swope Ridge Gardens Housing Corporation

Analysis

Swope Ridge Gardens Housing Corporation is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Swope Ridge Gardens Housing Corporation reported income of $544k and spending of $674k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $370k to $544k (+47%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 127% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Swope Ridge Gardens Housing Corporation sits at the 60th percentile: it is larger than about 60% 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 Plano Community Home Phase IV Inc ($544k), Abundance Foundation Inc ($544k) and Affordable Housing Alliance Midland County Non-Profit Housing Corp ($543k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 39% of the total. Other salaries and wages came to $90k. At year end it held assets of $2.6m against liabilities of $118k, net assets of $2.5m. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.