Kmfa Permanent Endowment Fund

Analysis

Kmfa Permanent Endowment Fund is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 1986, 40 years ago. 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 December 2023, Kmfa Permanent Endowment Fund reported income of $80k and spending of $98k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $205k to $80k (-61%), an average of -21% a year. The sharpest change came in the year to December 2020, when income dropped by 106%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kmfa Permanent Endowment Fund sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($80k), Council on College Admission in South Dakota ($80k) and Colorado Health Information MGT Assn ($80k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.