Foundation for Engineering at Kansas State University

Analysis

Foundation for Engineering at Kansas State University is a registered charity in United States, based in Manhattan, KS. It received its IRS tax-exemption ruling in April 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, Foundation for Engineering at Kansas State University reported income of $813k and spending of $1.3m, spending 154% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $736k to $813k (+10%), an average of +3.4% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 168% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Engineering at Kansas State University sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within KS. Charities of a similar size with the same main cause include Hume Lake Charter School ($813k), Arts Partners Inc ($813k) and The@foundry Inc ($813k).

At year end it held assets of $119.9m against liabilities of $0, net assets of $119.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.