Kansas Foundation for Medical Care Inc

Analysis

Kansas Foundation for Medical Care Inc is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Kansas Foundation for Medical Care Inc reported income of $8.6m and spending of $8.3m, spending 96% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $3.4m to $8.6m (+156%), an average of +26% a year. The sharpest change came in the year to March 2023, when income rose by 76%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kansas Foundation for Medical Care Inc sits at the 83rd percentile: it is larger than about 83% 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 Walpole Area Visiting Nurse Association Inc ($8.6m), Pyramid Inc ($8.6m) and Anchor Health Initiative Corporation ($8.6m).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $587k (7.1% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $4.6m against liabilities of $1.5m, net assets of $3.1m. It reported 35 employees.