Kenmore Mercy Foundation Inc

Analysis

Kenmore Mercy Foundation Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in March 1982, 44 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Kenmore Mercy Foundation Inc reported income of $859k and spending of $796k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $756k to $859k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kenmore Mercy Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Yorktown Volunteer Ambulance Corp Inc ($858k), Mental Health Associates of the Triad ($859k) and Team Heart Incorporated ($858k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $149k (19% of expenses). Other salaries and wages came to $128k. At year end it held assets of $4.4m against liabilities of $82k, net assets of $4.3m. It reported 1 employees.