Kemp Fam Foundation

Analysis

Kemp Fam Foundation is a registered charity in United States, based in Pennington, NJ. It received its IRS tax-exemption ruling in September 2007, 19 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kemp Fam Foundation reported income of $64k and spending of $203k, spending 316% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $186k to $64k (-65%), an average of -23% a year. The sharpest change came in the year to December 2021, when income rose by 96%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kemp Fam Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 33rd percentile within NJ. Charities of a similar size with the same main cause include Moka Foundation ($64k), Keep It in the Valley Foundation ($64k) and Unite North County ($64k).

Compensation of current officers, directors and key employees was $30k (15% of expenses). At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.