Together for Wichita Foundation

Analysis

Together for Wichita Foundation is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 May 2023, Together for Wichita Foundation reported income of $469k and spending of $463k, spending 99% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $248k to $469k (+89%), an average of +17% a year. The sharpest change came in the year to May 2022, when income rose by 60%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Together for Wichita Foundation sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within KS. Charities of a similar size with the same main cause include Fairmount Soccer Association ($469k), Friends of the Gunpowder Falls State Park Graham Area ($470k) and Illinois Futbol Club ($469k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $24k (5.3% of expenses). Other salaries and wages came to $198k. At year end it held assets of $13k against liabilities of $0, net assets of $13k. It reported 31 employees.