Tech Foundation of Kansas
Analysis
Tech Foundation of Kansas is a registered charity in United States, based in Hutchinson, KS. It received its IRS tax-exemption ruling in February 1991, 35 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, Tech Foundation of Kansas reported income of $140k and spending of $77k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $168k to $140k (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 54% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tech Foundation of Kansas sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within KS. Charities of a similar size with the same main cause include School for Young Children Inc 885 Beverly Circle Ne ($140k), Rockwood Parent Teacher Organization Council ($140k) and Ulgm Community & Economic Development Corp ($140k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.
Income and spending
Where the income comes from
- Contributions & grants 74%
- Other 26%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| School for Young Children Inc 885 Beverly Circle Ne | Lenoir | $140k |
| Rockwood Parent Teacher Organization Council | Wildwood | $140k |
| Ulgm Community & Economic Development Corp | Madison | $140k |
| Spirit of the Lord International Mission | El Paso | $140k |