Cessna United Friendship Fund of Independence Inc

Analysis

Cessna United Friendship Fund of Independence Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in October 1998, 28 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 2023, Cessna United Friendship Fund of Independence Inc reported income of $60k and spending of $78k, spending 130% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $67k to $60k (-11%), an average of -11% a year. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cessna United Friendship Fund of Independence Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within KS. Charities of a similar size with the same main cause include Kappa Community Development Foundation Inc ($60k), Charlotte Childrens Classic Foundation Inc ($60k) and National Charity League Inc Texas Roses Chapter ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.