Alden Kindred of America Inc

Analysis

Alden Kindred of America Inc is a registered charity in United States, based in Duxbury, MA. It received its IRS tax-exemption ruling in October 1955, 71 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Alden Kindred of America Inc reported income of $529k and spending of $276k, leaving 48% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income grew from $246k to $529k (+115%), an average of +29% a year. The sharpest change came in the year to June 2020, when income rose by 76%. Over the whole period it spent 53% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alden Kindred of America Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include Vero Beach Theatre Guild Inc ($529k), Student Orchestras of Greater Olympia ($529k) and Bastrop Opera House Inc ($529k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 5.6% of the total. Other salaries and wages came to $47k. At year end it held assets of $2.2m against liabilities of $457k, net assets of $1.7m. It reported 7 employees.