Special Olympics Kansas Inc

Analysis

Special Olympics Kansas Inc is a registered charity in United States, based in Mission, KS. It received its IRS tax-exemption ruling in January 1980, 46 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Special Olympics Kansas Inc reported income of $2.7m and spending of $3.0m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $2.7m (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Special Olympics Kansas Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within KS. Charities of a similar size with the same main cause include Deerfield Fair Association Inc ($2.7m), Destiny Arts Center ($2.7m) and Gateway Arch Park Foundation ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $182k (6.0% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.0m against liabilities of $165k, net assets of $2.8m. It reported 26 employees.