University Academy Foundation

Analysis

University Academy Foundation is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in June 2010, 16 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, University Academy Foundation reported income of $1.2m and spending of $1.0m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.2m (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University Academy Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within MO. Charities of a similar size with the same main cause include Flint Hills Technical College Foundation ($1.2m), Providence School Inc ($1.2m) and Lagrange Association Library ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 107% of the total. Compensation of current officers, directors and key employees was $119k (11% of expenses). Other salaries and wages came to $213k. It paid $3,550 in professional fundraising fees. At year end it held assets of $1.1m against liabilities of $18k, net assets of $1.0m. It reported 7 employees.