Unified School District No 416 Endowment Association

Analysis

Unified School District No 416 Endowment Association is a registered charity in United States, based in Bucyrus, KS. It received its IRS tax-exemption ruling in September 1984, 42 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 June 2023, Unified School District No 416 Endowment Association reported income of $154k and spending of $156k, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $186k to $154k (-17%), an average of -6.1% a year. The sharpest change came in the year to June 2022, when income rose by 56%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Unified School District No 416 Endowment Association sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within KS. Charities of a similar size with the same main cause include South Middlesex Hospitals Association Inc ($154k), Gothenburg Memorial Hospital Foundation ($154k) and Brown Daily Herald Inc ($154k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.