Kansas Independent College Foundation

Analysis

Kansas Independent College Foundation is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in April 1955, 71 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Kansas Independent College Foundation reported income of $1.5m and spending of $1.2m, spending 84% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.4m to $1.5m (+6.8%), an average of +1.7% a year. The sharpest change came in the year to June 2022, when income dropped by 30%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kansas Independent College Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within KS. Charities of a similar size with the same main cause include Values-In-Action Foundation ($1.5m), Washington State Association of Hea D Start and Ecea Programs ($1.5m) and Diversity Center of Northeast Ohio Inc ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 65% of the total. Other salaries and wages came to $57k. At year end it held assets of $1.9m against liabilities of $270k, net assets of $1.7m.