Student Union Corp of the Univ of Kansas Medical Center

Analysis

Student Union Corp of the Univ of Kansas Medical Center is a registered charity in United States, based in Kansas City, KS. It received its IRS tax-exemption ruling in November 1947, 79 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Student Union Corp of the Univ of Kansas Medical Center reported income of $65k and spending of $147k, spending 228% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $77k to $65k (-16%), an average of -4.3% a year. The sharpest change came in the year to June 2021, when income dropped by 23%. Over the whole period it spent 205% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Student Union Corp of the Univ of Kansas Medical Center sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within KS. Charities of a similar size with the same main cause include Virginia Congress of Parents and Teachers ($65k), Spring Hill Garden Club Inc ($65k) and Resilience Resource Company ($65k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 26% of the total. At year end it held assets of $193k against liabilities of $12k, net assets of $181k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.