The Usd 113 Foundation

Analysis

The Usd 113 Foundation is a registered charity in United States, based in Sabetha, KS. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, The Usd 113 Foundation reported income of $214k and spending of $208k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $57k to $214k (+273%), an average of +55% a year. The sharpest change came in the year to June 2023, when income rose by 928%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Usd 113 Foundation sits at the 55th percentile: it is larger than about 55% 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 Piedmont Band Boosters Inc ($214k), Literacy Volunteers of Ontario-Yates Inc ($214k) and Ahs Bulldog Band Booster Club ($214k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.9m against liabilities of $0, net assets of $2.9m.