KCK 501 Minnesota Inc

Analysis

KCK 501 Minnesota Inc is a registered charity in United States, based in Kansas City, KS. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, KCK 501 Minnesota Inc reported income of $393k and spending of $455k, spending 116% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.8m to $393k (-78%), an average of -40% a year. The sharpest change came in the year to December 2020, when income dropped by 71%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, KCK 501 Minnesota Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within KS. Charities of a similar size with the same main cause include Shiv Durga Temple of Bay Area ($393k), San Antonio Wave ($393k) and American Water Works Association ($393k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $12.0m against liabilities of $11.0m, net assets of $981k.

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.