Abilene Public Schools Endowment Association

Analysis

Abilene Public Schools Endowment Association is a registered charity in United States, based in Abilene, KS. It received its IRS tax-exemption ruling in August 1989, 37 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Abilene Public Schools Endowment Association reported income of $71k and spending of $73k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $46k to $71k (+54%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 161%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Abilene Public Schools Endowment Association sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within KS. Charities of a similar size with the same main cause include Chaminade University Educational Foundation ($71k), Toledo Buffalo Soldiers Motorcycle Club ($71k) and Daegu Civilian & Spouses Club ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.