The Kansas City Royals Foundation

Analysis

The Kansas City Royals Foundation is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in May 2011, 15 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 2022, The Kansas City Royals Foundation reported income of $4.1m and spending of $4.1m, spending 99% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $2.4m to $4.1m (+72%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Kansas City Royals Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within MO. Charities of a similar size with the same main cause include Saddleback Memorial Foundation ($4.1m), John Volken Foundation ($4.1m) and Corey C Griffin Charitable Foundation ($4.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $79k. At year end it held assets of $1.3m against liabilities of $884k, net assets of $407k.