Kaniksu Village

Analysis

Kaniksu Village is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in May 2015, 11 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, Kaniksu Village reported income of $171k and spending of $179k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $161k to $171k (+5.7%), an average of +1.4% a year. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kaniksu Village sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within WA. Charities of a similar size with the same main cause include Stanford Homes for Elderly Inc ($170k), Valle de Sol Farm Labor Housing ($171k) and Homes for the Exceptional II Inc ($170k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Other salaries and wages came to $39k. At year end it held assets of $91k against liabilities of $40k, net assets of $50k.