Kansas Foundation for Excellence in Education

Analysis

Kansas Foundation for Excellence in Education is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in October 1989, 37 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 2024, Kansas Foundation for Excellence in Education reported income of $77k and spending of $78k, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $95k to $77k (-19%), an average of -5.1% a year. The sharpest change came in the year to June 2023, when income dropped by 43%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kansas Foundation for Excellence in Education sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within KS. Charities of a similar size with the same main cause include Philharmonia Orchestra of Tucson ($77k), Skonewood Inc ($77k) and Elisabeth Reeve Morrow Morgan Foundation Inc ($77k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 67% and program service revenue 15% of the total. At year end it held assets of $854k against liabilities of $0, net assets of $854k.