Kansas University Alumni Association

Analysis

Kansas University Alumni Association is a registered charity in United States, based in Lawrence, KS. It received its IRS tax-exemption ruling in June 1933, 93 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, Kansas University Alumni Association reported income of $8.1m and spending of $8.5m, spending 105% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $8.0m to $8.1m (+2.0%), an average of +0.4% a year. The sharpest change came in the year to June 2020, when income rose by 149%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kansas University Alumni Association 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 94th percentile, and in the 94th percentile within KS. Charities of a similar size with the same main cause include Cary Christian School Inc ($8.1m), Circle of Seasons Inc ($8.1m) and Learning Independence for Tomorrow Incorporated ($8.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 75% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $1.0m (12% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $64.1m against liabilities of $5.2m, net assets of $58.9m. It reported 55 employees.