Extension Foundation

Analysis

Extension Foundation is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in April 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Extension Foundation reported income of $7.4m and spending of $6.4m, spending 88% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $3.1m to $7.4m (+135%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 226%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Extension Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within MO. Charities of a similar size with the same main cause include Columbus Preparatory Academy ($7.4m), Nova Charter School ($7.4m) and American Immunization Registry Association ($7.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $464k (7.2% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.9m against liabilities of $1.2m, net assets of $1.8m.