Kci Charities Inc
Kci Charities Inc. consistently operates at a deficit, relying on substantial assets to cover expenses.
EIN: 16012414 · Bangor, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $539K |
| Total Expenses | $301K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $5.6M |
| Transparency Score | 65/100 |
Is Kci Charities Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kci Charities Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Kci Charities Inc
Kci Charities Inc (EIN: 16012414) is a nonprofit organization based in Bangor, ME. The organization reported total revenue of $539K and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kci Charities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kci Charities Inc is a small nonprofit that has been operating for 85 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $170K |
| Total Expenses | $301K |
| Surplus / Deficit | $-131,753 |
| Total Assets | $5.6M |
| Net Assets | $5.6M |
| Operating Margin | -77.6% |
| Months of Reserves | 221.0 months |
Financial Health Grade: B
In 2023, Kci Charities Inc reported a deficit of $132K with expenses exceeding revenue, holds 221.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Kci Charities Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.9% | +19.1% | +4.5% |
| 2022 | +71.7% | -10.3% | -8.9% |
| 2021 | -24.9% | +12.0% | +2.2% |
| 2020 | -78.2% | +18.3% | +1.6% |
| 2019 | +192.0% | -7.5% | +5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1941 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Kci Charities Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Kci Charities Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $132K, with expenses exceeding revenue.
Executive Compensation Analysis
Kci Charities Inc. reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly unusual for an organization with over $5 million in assets and annual expenses exceeding $250,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Kci Charities Inc's IRS 990 filings:
- Consistent operational deficits (e.g., 2023: $169,687 revenue vs. $301,440 expenses)
- Lack of detailed expense breakdown (program, admin, fundraising) in summary data
- Unusually low reported revenue compared to expenses and asset base in many years
- No officer compensation reported for an organization with over $5 million in assets, which could mask other forms of compensation or indicate an unsustainable volunteer model for leadership.
Strengths
The following positive indicators were identified for Kci Charities Inc:
- Substantial and stable asset base (over $5 million) providing financial security
- Very low liabilities across most filing periods, indicating good debt management
- Zero reported officer compensation, suggesting resources are not being used for executive salaries
- Consistent filing of IRS 990s, indicating transparency in reporting
Frequently Asked Questions about Kci Charities Inc
Is Kci Charities Inc a legitimate charity?
Kci Charities Inc (EIN: 16012414) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $539K. 4 red flags identified. 4 strengths noted. Financial health grade: B.
How does Kci Charities Inc spend its money?
Kci Charities Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Kci Charities Inc tax-deductible?
Kci Charities Inc is registered as a tax-exempt nonprofit (EIN: 16012414). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Kci Charities Inc CEO make?
Kci Charities Inc's highest-compensated officer earns $5 annually. The organization reported $539K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Kci Charities Inc's spending goes to programs?
Kci Charities Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Kci Charities Inc located?
Kci Charities Inc is headquartered in Bangor, Maine and files with the IRS under EIN 16012414.
How many years of IRS 990 filings does Kci Charities Inc have?
Kci Charities Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $539K in total revenue.
How does Kci Charities Inc. sustain its operations with consistent annual deficits?
The organization appears to sustain its operations by drawing upon its significant asset base, which has consistently been over $5 million. For instance, in 2023, expenses exceeded revenue by over $130,000, yet assets remained robust at $5,552,128.
What are the primary sources of Kci Charities Inc.'s revenue, given the low reported figures?
The provided data only shows 'Revenue' without specific breakdowns. Given the consistent deficits, it's crucial to understand if the reported revenue includes all income streams or if there are other significant contributions or investment gains not categorized as 'revenue' in this summary.
What specific programs does Kci Charities Inc. operate, and how are funds allocated to them?
The provided IRS 990 summary data does not detail specific programs or the allocation of expenses between program services, administration, and fundraising. This information would be necessary to assess the effectiveness of their spending.
Why is there no officer compensation reported for an organization of this size?
The consistent reporting of 0% officer compensation is highly unusual for an organization with over $5 million in assets and significant annual expenses. This could indicate that leadership is entirely volunteer-based, compensated through other means not classified as 'officer compensation,' or that the organization has a unique operational structure.
Filing History
IRS 990 filing history for Kci Charities Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kci Charities Inc's revenue has grown by 4.9%, moving from $162K to $170K. Total assets increased by 19.7% over the same period, from $4.6M to $5.6M. Total functional expenses rose by 31.9%, from $228K to $301K. In its most recent filing year (2023), Kci Charities Inc reported a deficit of $132K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $170K | $301K | $5.6M | $0 | — | — |
| 2022 | $168K | $253K | $5.3M | $27K | — | — |
| 2021 | $98K | $282K | $5.8M | $10K | — | View 990 |
| 2020 | $130K | $252K | $5.7M | $2K | — | — |
| 2019 | $598K | $213K | $5.6M | $8K | — | View 990 |
| 2018 | $205K | $230K | $5.3M | $3K | — | View 990 |
| 2017 | $224K | $244K | $5.6M | $1K | — | — |
| 2016 | $251K | $241K | $5.3M | $850 | — | View 990 |
| 2015 | $93K | $196K | $5.3M | $70K | — | View 990 |
| 2014 | $747K | $198K | $5.5M | $76K | — | View 990 |
| 2013 | $540K | $369K | $4.9M | $0 | — | View 990 |
| 2012 | $625K | $195K | $5.1M | $294K | — | View 990 |
| 2011 | $162K | $228K | $4.6M | $332K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $170K, expenses of $301K, and assets of $5.6M (revenue +0.9% year-over-year).
- 2022: Revenue of $168K, expenses of $253K, and assets of $5.3M (revenue +71.7% year-over-year).
- 2021: Revenue of $98K, expenses of $282K, and assets of $5.8M (revenue -24.9% year-over-year).
- 2020: Revenue of $130K, expenses of $252K, and assets of $5.7M (revenue -78.2% year-over-year).
- 2019: Revenue of $598K, expenses of $213K, and assets of $5.6M (revenue +192.0% year-over-year).
- 2018: Revenue of $205K, expenses of $230K, and assets of $5.3M (revenue -8.7% year-over-year).
- 2017: Revenue of $224K, expenses of $244K, and assets of $5.6M (revenue -10.7% year-over-year).
- 2016: Revenue of $251K, expenses of $241K, and assets of $5.3M (revenue +170.7% year-over-year).
- 2015: Revenue of $93K, expenses of $196K, and assets of $5.3M (revenue -87.6% year-over-year).
- 2014: Revenue of $747K, expenses of $198K, and assets of $5.5M (revenue +38.3% year-over-year).
- 2013: Revenue of $540K, expenses of $369K, and assets of $4.9M (revenue -13.6% year-over-year).
- 2012: Revenue of $625K, expenses of $195K, and assets of $5.1M (revenue +286.5% year-over-year).
- 2011: Revenue of $162K, expenses of $228K, and assets of $4.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kci Charities Inc:
Data Sources and Methodology
This transparency report for Kci Charities Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.