Wichita State Innovation Alliance Inc

Analysis

Wichita State Innovation Alliance Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Wichita State Innovation Alliance Inc reported income of $4.0m and spending of $3.1m, leaving 22% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.3m to $4.0m (+78%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 108%. 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, Wichita State Innovation Alliance Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within KS. Charities of a similar size with the same main cause include Resource Training Center Inc ($4.0m), Unam-Usa ($4.0m) and Fathers and Families Resource- Research Center Inc ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% of the total. At year end it held assets of $46.8m against liabilities of $43.8m, net assets of $3.0m.