Kansas City University

Analysis

Kansas City University is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in July 1947, 79 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kansas City University reported income of $110.4m and spending of $89.0m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $91.9m to $110.4m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kansas City University sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MO. Charities of a similar size with the same main cause include Texas Tech Foundation Inc ($110.1m), University of Dallas ($110.4m) and Concordia University Irvine ($109.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.6% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $4.7m (5.3% of expenses). Other salaries and wages came to $37.2m. It paid $20k in professional fundraising fees. At year end it held assets of $426.7m against liabilities of $71.0m, net assets of $355.7m. It reported 895 employees.