Olathe Health Charitable Foundation

Analysis

Olathe Health Charitable Foundation is a registered charity in United States, based in Olathe, KS. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2022, Olathe Health Charitable Foundation reported income of $1.0m and spending of $1.0m, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $4.8m to $1.0m (-79%), an average of -40% a year. The sharpest change came in the year to December 2020, when income dropped by 76%. Over the whole period it spent 57% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Olathe Health Charitable Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within KS. Charities of a similar size with the same main cause include The Bronx Foundation Inc ($1.0m), Branch County Community Foundation Inc ($1.0m) and Refugee Health Alliance ($1.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $303k. At year end it held assets of $4.8m against liabilities of $589k, net assets of $4.2m. It reported 3 employees.