K-State Olathe Innovation Campus Inc

Analysis

K-State Olathe Innovation Campus Inc is a registered charity in United States, based in Olathe, KS. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, K-State Olathe Innovation Campus Inc reported income of $10.8m and spending of $7.6m, leaving 29% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $8.0m to $10.8m (+34%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, K-State Olathe Innovation Campus Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within KS. Charities of a similar size with the same main cause include Harbor Day Endowment Corporation ($10.8m), Trivium Preparatory Academy ($10.8m) and Mastery Prep Elementary ($10.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. Other salaries and wages came to $3.5m. At year end it held assets of $46.0m against liabilities of $23.7m, net assets of $22.3m.