Kinkead Foundation

Analysis

Kinkead Foundation is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Kinkead Foundation reported income of $77k and spending of $51k, leaving 34% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $1,125 to $77k (+6764%), an average of +133% a year. The sharpest change came in the year to December 2019, when income rose by 10115%. Over the whole period it spent 114% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kinkead Foundation sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within MS. Charities of a similar size with the same main cause include Building for Christ ($77k), Hunters Hill Inc ($77k) and Independence County Housing Inc ($77k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $28k against liabilities of $128k, net assets of -$100k.