Gcsaa Foundation

Analysis

Gcsaa Foundation is a registered charity in United States, based in Lawrence, KS. It received its IRS tax-exemption ruling in August 1958, 68 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Gcsaa Foundation reported income of $1.7m and spending of $1.7m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $1.7m (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gcsaa 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 84th percentile, and in the 85th percentile within KS. Charities of a similar size with the same main cause include Delta School ($1.7m), Cleveland Community College Foundation Inc ($1.7m) and St Peters Academy Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $12.4m against liabilities of $386k, net assets of $12.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.