The Topeka Public Schools Foundation

Analysis

The Topeka Public Schools Foundation is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in August 1987, 39 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 Topeka Public Schools Foundation reported income of $492k and spending of $995k, spending 202% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $797k to $492k (-38%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 1359%. Over the whole period it spent 32% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Topeka Public Schools Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within KS. Charities of a similar size with the same main cause include San Diego Mesa College Foundation Inc ($492k), Cancer Thrift Store of Beaufort ($492k) and Red Brick Nursery School Inc ($492k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% of the total. Compensation of current officers, directors and key employees was $52k (5.2% of expenses). At year end it held assets of $8.4m against liabilities of $0, net assets of $8.4m.