The Unified School District No 368 Endowment Association

Analysis

The Unified School District No 368 Endowment Association is a registered charity in United States, based in Paola, KS. It received its IRS tax-exemption ruling in May 1986, 40 years ago. 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, The Unified School District No 368 Endowment Association reported income of $449k and spending of $176k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $497k to $449k (-9.6%), an average of -2.5% a year. The sharpest change came in the year to December 2021, when income rose by 172%. Over the whole period it spent 42% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Unified School District No 368 Endowment Association sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within KS. Charities of a similar size with the same main cause include Stone Lake Woods Inc ($449k), Volunteers of America Inc ($449k) and Nys Assoc of Traffic Safety Boards Programs Inc ($449k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% of the total. At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m.