Kansas Insurance Education Foundation

Analysis

Kansas Insurance Education Foundation is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in December 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kansas Insurance Education Foundation reported income of $161k and spending of $242k, spending 150% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $79k to $161k (+104%), an average of +27% a year. The sharpest change came in the year to June 2022, when income rose by 44%. Over the whole period it spent 148% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kansas Insurance Education 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 49th percentile, and in the 48th percentile within KS. Charities of a similar size with the same main cause include American Turkish Friendship Council Inc ($161k), St Barnabas Christian Preschool ($161k) and Top Achievers Foundation Inc ($161k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $361k against liabilities of $132k, net assets of $229k.