Seward County United Fund

Analysis

Seward County United Fund is a registered charity in United States, based in Liberal, KS. It received its IRS tax-exemption ruling in January 1961, 65 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Seward County United Fund reported income of $221k and spending of $251k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $296k to $221k (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2021, when income dropped by 29%. Over the whole period it spent 106% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Seward County United Fund sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within KS. Charities of a similar size with the same main cause include Firstmark Credit Union Foundation ($221k), Southwestern Medical Clinic Foundation ($221k) and United Way of Stanly County ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $50k (20% of expenses). At year end it held assets of $271k against liabilities of $1,537, net assets of $269k. It reported 1 employees.

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.