Vine Street Manor Housing Corp

Analysis

Vine Street Manor Housing Corp is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Vine Street Manor Housing Corp reported income of $563k and spending of $697k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $550k to $563k (+2.4%), an average of +0.6% a year. Over the whole period it spent 120% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Vine Street Manor Housing Corp sits at the 60th percentile: it is larger than about 60% 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 Central Ohio Housing Development Organization Inc ($562k), YWCA Third Street Inc ($563k) and Hogar Sustituto Y Educativo Rosanna Corp ($562k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $81k. At year end it held assets of $3.5m against liabilities of $66k, net assets of $3.4m.

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.