Kansas Association of Community Foundations

Analysis

Kansas Association of Community Foundations is a registered charity in United States, based in Washington, KS. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Kansas Association of Community Foundations reported income of $1.3m and spending of $439k, leaving 66% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.7m to $1.3m (-26%), an average of -9.4% a year. The sharpest change came in the year to December 2021, when income dropped by 57%. Over the whole period it spent 28% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kansas Association of Community Foundations sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within KS. Charities of a similar size with the same main cause include Saint Simeons Episcopal Home Foundation ($1.3m), New England Pga Foundation Inc ($1.3m) and Wissahickon Foundation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $157k (36% of expenses). Other salaries and wages came to $3,259. At year end it held assets of $13.0m against liabilities of $9.7m, net assets of $3.3m. It reported 4 employees.