Florence Bessmer Foundation

Analysis

Florence Bessmer Foundation is a registered charity in United States, based in Newton, KS. It received its IRS tax-exemption ruling in July 1980, 46 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Florence Bessmer Foundation reported income of $182k and spending of $61k, leaving 66% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $76k to $182k (+138%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 37% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florence Bessmer Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within KS. Charities of a similar size with the same main cause include Topeka Jazz Workshop Inc ($182k), National Society of the Daughters of the American Revolution ($182k) and Hawaii Association for College Admission Counseling ($182k).

At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.