Kansas Bioscience Organization

Analysis

Kansas Bioscience Organization is a registered charity in United States, based in Shawnee, KS. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Kansas Bioscience Organization reported income of $858k and spending of $1.1m, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $433k to $858k (+98%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kansas Bioscience Organization sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within KS. Charities of a similar size with the same main cause include Indi-Ed Foundation Inc ($858k), The Scholarship Academy ($858k) and Step-Student Expedition Program Inc ($858k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $179k (16% of expenses). Other salaries and wages came to $265k. At year end it held assets of $50k against liabilities of $26, net assets of $50k. It reported 18 employees.