Usd 413 Foundation

Analysis

Usd 413 Foundation is a registered charity in United States, based in Chanute, KS. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Usd 413 Foundation reported income of $85k and spending of $52k, leaving 38% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income fell from $218k to $85k (-61%), an average of -38% a year. The sharpest change came in the year to June 2024, when income dropped by 73%. Over the whole period it spent 43% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Usd 413 Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within KS. Charities of a similar size with the same main cause include Swergold Family Foundation for Children in Crises ($85k), Queesboro Unico Foundation Inc ($85k) and Create Foundation Inc ($85k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $4,310. At year end it held assets of $438k against liabilities of -$1,759, net assets of $440k.