Kennett Run Charities Inc

Analysis

Kennett Run Charities Inc is a registered charity in United States, based in Kennett SQ, PA. It received its IRS tax-exemption ruling in April 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kennett Run Charities Inc reported income of $62k and spending of $80k, spending 130% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $66k to $62k (-5.7%), an average of -5.7% a year. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kennett Run Charities Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within PA. Charities of a similar size with the same main cause include Creek View Elementary School PTA ($62k), Texas 4-H ($62k) and Friends of Tri-Valley Foundation Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 46% of the total. At year end it held assets of $271k against liabilities of $0, net assets of $271k.