Kansas Masonic Foundation Inc

Analysis

Kansas Masonic Foundation Inc is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in December 1966, 60 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 2024, Kansas Masonic Foundation Inc reported income of $2.0m and spending of $3.0m, spending 152% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income grew from $1.6m to $2.0m (+23%), an average of +4.2% a year. The sharpest change came in the year to March 2021, when income rose by 102%. Over the whole period it spent 125% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kansas Masonic Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within KS. Charities of a similar size with the same main cause include Healthy Birth Day Inc ($2.0m), Coshocton County Drug & Alcohol Council Inc ($2.0m) and Autism Society of Minnesota ($2.0m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 34% of the total. Compensation of current officers, directors and key employees was $164k (5.5% of expenses). Other salaries and wages came to $122k. At year end it held assets of $23.2m against liabilities of $5.9m, net assets of $17.3m. It reported 3 employees.