St Michael Veterans Center Inc

Analysis

St Michael Veterans Center Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in May 2012, 14 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Michael Veterans Center Inc reported income of $548k and spending of $409k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $399k to $548k (+37%), an average of +8.3% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 68% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Michael Veterans Center Inc 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 69th percentile within MO. Charities of a similar size with the same main cause include North Hill Apartments Inc ($548k), Southbridge Community Development Corporation ($548k) and Mhany 2005 Housing Development Fund Corporation ($548k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $101k (25% of expenses). Other salaries and wages came to $93k. At year end it held assets of $2.3m against liabilities of $181k, net assets of $2.2m. It reported 3 employees.