Tim Kerr Charities Inc

Analysis

Tim Kerr Charities Inc is a registered charity in United States, based in Avalon, NJ. It received its IRS tax-exemption ruling in December 1994, 32 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, Tim Kerr Charities Inc reported income of $184k and spending of $189k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $197k to $184k (-6.6%), an average of -6.6% a year. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tim Kerr Charities Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 59th percentile within NJ. Charities of a similar size with the same main cause include Men of Distinction of Greater Houston Inc ($184k), Friends of the Kardelen Foundation ($184k) and Friends of the Princeton Charter School ($184k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $116k against liabilities of $0, net assets of $116k.