Charity Search / WICHITA STATE UNIVERSITY FOUNDATION
Education (B43I) IRS Verified DX Registered 990 on File

WICHITA STATE UNIVERSITY FOUNDATION

EIN: 48-6121167 · WICHITA, KS 67260-9700 · United States · FY 2025 Data
3 out of 5 55 / 100 Based on 2+ years of filings
Financial strength (30%) 82/100
Reliability (20%) 55/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
CharityAI™ Score
Not yet evaluated
Mission Statement

Our mission is to elevate, celebrate and advance Wichita State University through engagement and philanthropy. We do this by living our core values of integrity, collaboration, excellence and service in all our interactions with Shocker Nation.

Financial Overview — FY 2025
$48.6M
Total Revenue
$30.4M
Total Expenses
$400.9M
Net Assets
84
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 74.0%
Fundraising Efficiency 10942.6%
Operating Reserve 158.36x
Liability-to-Asset 3.4%
Revenue Diversification 51.3%
Executive Compensation $880K
Compared with Peers
FY 2025
Compared with 1,600 similar organizations (United States, Education, $10M–$100M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
74.0% 84.4%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
13.0% 13.6%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
12.9% 0.5%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
10942.6% 546.1%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
158.4 mo 10.5 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
3.4% 32.5%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
51.3% 88.2%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
27.8% 5.8%
P10P90
Expense growth
Year over year expense growth
0.9% 5.7%
P10P90
Surplus margin
Surplus as a share of revenue
37.5% 3.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $48.6M $30.4M $400.9M 74.0% 84
2024 $38.0M $30.1M $378.7M 69.8% 85
2023 $35.8M $40.4M $358.3M 81.7% 92
2022 $48.8M $38.6M N/A — 81
2021 $54.3M $29.8M N/A — 83
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Organization Details
EIN
48-6121167
State
KS
City
WICHITA
ZIP
67260-9700
Classification
B43I
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
Foundation Code
13
Form 990
On File
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