Umkc Foundation

Analysis

Umkc Foundation is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in December 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 June 2023, Umkc Foundation reported income of $56.3m and spending of $31.5m, leaving 44% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.1m to $56.3m (+820%), an average of +74% a year. The sharpest change came in the year to June 2020, when income rose by 605%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Umkc Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MO. Charities of a similar size with the same main cause include Schreiner University ($56.3m), Crescent View South Inc ($56.3m) and Wonderful College Prep Academy ($56.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $236k (0.7% of expenses). Other salaries and wages came to $1.1m. It paid $213k in professional fundraising fees. At year end it held assets of $89.2m against liabilities of $172k, net assets of $89.1m. It reported 17 employees.