Kenmore West Alumni Foundation Inc

Analysis

Kenmore West Alumni Foundation Inc is a registered charity in United States, based in Tonawanda, NY. It received its IRS tax-exemption ruling in December 1999, 27 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 August 2024, Kenmore West Alumni Foundation Inc reported income of $112k and spending of $85k, leaving 24% of income unspent that year. Across the 2 years on record, from August 2023 to August 2024, income grew from $84k to $112k (+33%), an average of +33% a year. The sharpest change came in the year to August 2024, when income rose by 33%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kenmore West Alumni Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Friends of the Gladys E Kelly Public Library Inc ($112k), Ocean County Foundation for Vocational and Technical Education ($112k) and Trojan Youth Lacorsse Inc ($112k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 65% of the total. At year end it held assets of $506k against liabilities of $110k, net assets of $396k.