I 58 KC Ministries

Analysis

I 58 KC Ministries is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover human services, 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, I 58 KC Ministries reported income of $159k and spending of $184k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $191k to $159k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, I 58 KC Ministries sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within KS. Charities of a similar size with the same main cause include Meridian Place Development Corporation ($159k), Kids First of the Carolinas ($159k) and Girls on the Run of Birmingham ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $119k against liabilities of $7,621, net assets of $112k.