Kennedy Childrens Center

Analysis

Kennedy Childrens Center is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2023, Kennedy Childrens Center reported income of $20.9m and spending of $21.0m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.0m to $20.9m (+16%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kennedy Childrens Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Griffin Technology Academies ($20.9m), Able Charter Schools ($20.9m) and The Foundation for Fresno Unified Students ($20.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $537k (2.6% of expenses). Other salaries and wages came to $12.6m. At year end it held assets of $20.5m against liabilities of $16.2m, net assets of $4.3m. It reported 293 employees.