Learjet Employees Community Support Fund of Wichita Inc

Analysis

Learjet Employees Community Support Fund of Wichita Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in January 1986, 40 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Learjet Employees Community Support Fund of Wichita Inc reported income of $119k and spending of $133k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $165k to $119k (-28%), an average of -7.8% a year. Over the whole period it spent 105% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Learjet Employees Community Support Fund of Wichita Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within KS. Charities of a similar size with the same main cause include Partners for Hope Inc ($119k), Netivos Olam ($119k) and United Religions Initiativefoundation Inc ($119k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $680 against liabilities of $0, net assets of $680.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.