John Fitzgerald Kennedy Library Foundation Incorporated

Analysis

John Fitzgerald Kennedy Library Foundation Incorporated is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in December 1963, 63 years ago. Its declared purposes cover education, which this site groups under education and training. 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, John Fitzgerald Kennedy Library Foundation Incorporated reported income of $9.2m and spending of $9.0m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.5m to $9.2m (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, John Fitzgerald Kennedy Library Foundation Incorporated sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MA. Charities of a similar size with the same main cause include Mobius ($9.2m), Park Century School ($9.2m) and Pinecrest Academy of Northern Nevada ($9.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $1.2m (14% of expenses). Other salaries and wages came to $2.1m. It paid $594k in professional fundraising fees. At year end it held assets of $58.2m against liabilities of $790k, net assets of $57.4m. It reported 36 employees.