Kappa Foundation

Analysis

Kappa Foundation is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Kappa Foundation reported income of $522k and spending of $316k, leaving 40% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $384k to $522k (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2024, when income rose by 25%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kappa Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NE. Charities of a similar size with the same main cause include Public Pension Financial Forum ($522k), Pi Sigma Alpha the National Political Science Honor Society ($522k) and Portland Fashion Institute ($522k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 83% of the total. At year end it held assets of $5.3m against liabilities of $1.0m, net assets of $4.3m.