Kens Krew Inc

Analysis

Kens Krew Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Kens Krew Inc reported income of $1.6m and spending of $1.3m, leaving 20% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.3m to $1.6m (+22%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kens Krew Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Prevail Incorporated ($1.6m), Seven Hills Homeless Center ($1.6m) and Positive Maturity Inc ($1.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 102% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $270k (21% of expenses). Other salaries and wages came to $664k. At year end it held assets of $1.7m against liabilities of $50k, net assets of $1.6m. It reported 27 employees.