Icare of Northeast Kansas Inc

Analysis

Icare of Northeast Kansas Inc is a registered charity in United States, based in Olathe, KS. It received its IRS tax-exemption ruling in November 2016, 10 years ago. 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 December 2023, Icare of Northeast Kansas Inc reported income of $94k and spending of $39k, leaving 59% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $94k (+12%), an average of +12% a year. Over the whole period it spent 39% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Icare of Northeast Kansas Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within KS. Charities of a similar size with the same main cause include The Christian Overcomers ($94k), Literacy Council of Western Arkansas Inc ($94k) and Cascadia Methow Music Association ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $249k against liabilities of $0, net assets of $249k.