Greater Kansas City Community Foundation

Analysis

Greater Kansas City Community Foundation is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in January 1979, 47 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 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, Greater Kansas City Community Foundation reported income of $462.1m and spending of $366.4m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $372.3m to $462.1m (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 130%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Greater Kansas City Community Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MO. Charities of a similar size with the same main cause include Pew Charitable Trusts ($415.2m), Paypal Charitable Giving Fund ($504.4m) and Raymond James Charitable Endowment Fund ($408.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $1.1m (0.3% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $2.80bn against liabilities of $301.8m, net assets of $2.49bn. It reported 124 employees.