Kennedy-Donovan Center Inc

Analysis

Kennedy-Donovan Center Inc is a registered charity in United States, based in Foxboro, MA. It received its IRS tax-exemption ruling in September 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Kennedy-Donovan Center Inc reported income of $31.8m and spending of $32.1m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $37.2m to $31.8m (-15%), an average of -3.8% a year. The sharpest change came in the year to June 2021, when income dropped by 16%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kennedy-Donovan Center Inc 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 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Childrens Home Society of West Virginia ($31.7m), Milwaukee Catholic Home Inc ($31.8m) and Delta Community Supports Inc ($31.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $989k (3.1% of expenses). Other salaries and wages came to $15.7m. At year end it held assets of $25.8m against liabilities of $12.8m, net assets of $13.0m. It reported 446 employees.