Kevin Cain Memorial Foundation

Analysis

Kevin Cain Memorial Foundation is a registered charity in United States, based in Havertown, PA. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Kevin Cain Memorial Foundation reported income of $138k and spending of $131k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $152k to $138k (-9.2%), an average of -9.2% a year. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kevin Cain Memorial Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within PA. Charities of a similar size with the same main cause include Colton Underwood Legacy Foundation Inc ($138k), Go Two International Inc ($138k) and You Might Be for Auburn Foundation ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $326k against liabilities of $0, net assets of $326k.