Wichita Foundation

Analysis

Wichita Foundation is a registered charity in United States, based in Snyder, OK. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Wichita Foundation reported income of $133k and spending of $25k, leaving 81% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $335k to $133k (-60%), an average of -37% a year. The sharpest change came in the year to December 2022, when income dropped by 76%. Over the whole period it spent 12% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wichita Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within OK. Charities of a similar size with the same main cause include Greenwood Exchange Club Youth Baseball Foundation ($133k), Orange Tennis Club Inc ($134k) and Taylor Conservatory Foundation ($133k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $777k against liabilities of $0, net assets of $777k.