Adventhealth Kansas City Foundation

Analysis

Adventhealth Kansas City Foundation is a registered charity in United States, based in Merriam, KS. It received its IRS tax-exemption ruling in April 1947, 79 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Adventhealth Kansas City Foundation reported income of $3.6m and spending of $2.3m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $3.6m (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2022, when income rose by 252%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Adventhealth Kansas City Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KS. Charities of a similar size with the same main cause include Lake Area Recovery Center Inc ($3.6m), Tidalhealth Physician Network Inc ($3.6m) and Wellness House ($3.6m).

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 $27.0m against liabilities of $405k, net assets of $26.6m.