Ku Center for Technology Commercialization Inc
Analysis
Ku Center for Technology Commercialization Inc is a registered charity in United States, based in Kansas City, KS. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Ku Center for Technology Commercialization Inc reported income of $4.2m and spending of $3.7m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.5m to $4.2m (-5.3%), an average of -1.3% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 80% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Ku Center for Technology Commercialization Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within KS. Charities of a similar size with the same main cause include Detroit Public Schools Foundation ($4.2m), Put on the Brakes Inc ($4.2m) and Norwalk Community College Foundation ($4.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.8% and program service revenue 70% of the total. Other salaries and wages came to $725k. At year end it held assets of $1.6m against liabilities of $718k, net assets of $853k. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 5.8%
- Program services 70%
- Other 24%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Detroit Public Schools Foundation | Detroit | $4.2m |
| Put on the Brakes Inc | Concord | $4.2m |
| Norwalk Community College Foundation | Norwalk | $4.2m |
| Ccsa Foundation | Chester | $4.2m |