Elevate Metro KC

Analysis

Elevate Metro KC is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Elevate Metro KC reported income of $558k and spending of $517k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $244k to $558k (+129%), an average of +23% a year. The sharpest change came in the year to June 2020, when income rose by 65%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Elevate Metro KC sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within MO. Charities of a similar size with the same main cause include Fayette Cooperating Nursery School Inc ($558k), Miami University Paper Science and Engineering Foundation ($558k) and Designs for Learning Differences Incorporated ($558k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $69k (13% of expenses). Other salaries and wages came to $251k. It paid $7,885 in professional fundraising fees. At year end it held assets of $629k against liabilities of $16k, net assets of $613k. It reported 6 employees.