Kin on Health Care Center

Analysis

Kin on Health Care Center is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Kin on Health Care Center reported income of $24.7m and spending of $21.1m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.5m to $24.7m (+59%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kin on Health Care Center sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WA. Charities of a similar size with the same main cause include Catholic Health Association ($24.6m), Osf Healthcare Foundation ($24.7m) and Mother Frances Hospital-Winnsboro ($24.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $368k (1.7% of expenses). Other salaries and wages came to $12.1m. It paid $32k in professional fundraising fees. At year end it held assets of $37.0m against liabilities of $5.9m, net assets of $31.1m. It reported 375 employees.