Residents Association of Kendal at Ithaca

Analysis

Residents Association of Kendal at Ithaca is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Residents Association of Kendal at Ithaca reported income of $280k and spending of $275k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $228k to $280k (+23%), an average of +5.4% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Residents Association of Kendal at Ithaca sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Society of Saint Vincent de Paul St Joseph the Worker Conference ($280k), Tots Haven Christian Academy ($280k) and Twin Cities Maker Inc ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $195k against liabilities of $0, net assets of $195k.