Robert F Kennedy Community Alliance
Analysis
Robert F Kennedy Community Alliance is a registered charity in United States, based in Lancaster, MA. It received its IRS tax-exemption ruling in March 1951, 75 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Robert F Kennedy Community Alliance reported income of $43.8m and spending of $45.2m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $25.1m to $43.8m (+75%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 100% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Robert F Kennedy Community Alliance sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MA. Charities of a similar size with the same main cause include Family Life Academy Charter School ($43.8m), Overbrook School for the Blind ($43.8m) and Lafayette Charter Foundation Inc ($43.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $761k (1.7% of expenses). Other salaries and wages came to $27.9m. At year end it held assets of $48.3m against liabilities of $22.7m, net assets of $25.5m. It reported 726 employees.
Income and spending
Where the income comes from
- Contributions & grants 4.0%
- Program services 94%
- Other 1.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Family Life Academy Charter School | Bronx | $43.8m |
| Overbrook School for the Blind | Philadelphia | $43.8m |
| Lafayette Charter Foundation Inc | Lafayette | $43.7m |
| Beloved Community Charter School Inc | Jersey City | $43.8m |