Leadingage Kansas Foundation

Analysis

Leadingage Kansas Foundation is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in October 1988, 38 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, Leadingage Kansas Foundation reported income of $213k and spending of $216k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $243k to $213k (-12%), an average of -6.3% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leadingage Kansas Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within KS. Charities of a similar size with the same main cause include Seymour Library Foundation ($213k), Bismarck Fire Protection Assn Inc ($213k) and Northwest Ohio Youth Soccer League ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 23% of the total. At year end it held assets of $109k against liabilities of $240, net assets of $108k.