KVC Endowment Inc

Analysis

KVC Endowment Inc is a registered charity in United States, based in Olathe, KS. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2022, KVC Endowment Inc reported income of $2.3m and spending of $70k, leaving 97% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $2.0m to $2.3m (+18%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 55% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, KVC Endowment Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within KS. Charities of a similar size with the same main cause include Yaay Me ($2.3m), Horizons for Youth ($2.3m) and James L McKeown Boys and Girls Club of Woburn Inc ($2.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 21% of the total. At year end it held assets of $50.0m against liabilities of $0, net assets of $50.0m.