Southeast Kansas Prosperity Foundation Inc

Analysis

Southeast Kansas Prosperity Foundation Inc is a registered charity in United States, based in Pittsburg, KS. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Southeast Kansas Prosperity Foundation Inc reported income of $60k and spending of $31k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $83k to $60k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 64% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Southeast Kansas Prosperity Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within KS. Charities of a similar size with the same main cause include North Carolina Property Mappers Association ($60k), Junior Welfare League of Huntington Inc ($60k) and Ranken Community Development Corp ($60k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 72% of the total. At year end it held assets of $6.1m against liabilities of $5.1m, net assets of $990k.