Kansas Rural Communities Foundation

Analysis

Kansas Rural Communities Foundation is a registered charity in United States, based in Wamego, KS. It received its IRS tax-exemption ruling in March 2006, 20 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, Kansas Rural Communities Foundation reported income of $1.3m and spending of $935k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $614k to $1.3m (+112%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kansas Rural Communities Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within KS. Charities of a similar size with the same main cause include Cattaraugus-Allegny Workforce Investment Board Inc ($1.3m), Appalachian Center for Economic Networks Inc ($1.3m) and Hhplift ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $7,107 (0.8% of expenses). At year end it held assets of $2.5m against liabilities of $319, net assets of $2.5m. It reported 1 employees.