Kansas State Newman Foundation

Analysis

Kansas State Newman Foundation is a registered charity in United States, based in Manhattan, KS. It received its IRS tax-exemption ruling in June 1969, 57 years ago. 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, Kansas State Newman Foundation reported income of $2.0m and spending of $1.7m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.5m to $2.0m (-42%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 71%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kansas State Newman Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within KS. Charities of a similar size with the same main cause include Pocumtuck Valley Memorial Assn ($2.0m), Continental Baptist Missions ($2.0m) and Habitat for Humanity International Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.