Balanced Inc

Analysis

Balanced Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Balanced Inc reported income of $1.1m and spending of $697k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $359k to $1.1m (+207%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Balanced Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within MO. Charities of a similar size with the same main cause include Advance Oc ($1.1m), Human Service Alliance ($1.1m) and Families for Children Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $73k (10% of expenses). Other salaries and wages came to $341k. At year end it held assets of $992k against liabilities of $0, net assets of $992k. It reported 8 employees.