Kansas Bankers Educational Foundation

Analysis

Kansas Bankers Educational Foundation is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Kansas Bankers Educational Foundation reported income of $151k and spending of $52k, leaving 66% of income unspent that year. Across the 2 years on record, from March 2022 to March 2023, income grew from $74k to $151k (+102%), an average of +102% a year. The sharpest change came in the year to March 2023, when income rose by 102%. Over the whole period it spent 30% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kansas Bankers Educational Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within KS. Charities of a similar size with the same main cause include Lester Public Library Foundation Inc ($151k), Airborne Scholarship Association ($151k) and Patient Privacy Rights Foundation ($151k).

On its Form 990-EZ for the period ending March 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. At year end it held assets of $183k against liabilities of $45, net assets of $183k.