Kern Regional Center

Analysis

Kern Regional Center is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in July 1973, 53 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Kern Regional Center reported income of $292.7m and spending of $293.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $206.7m to $292.7m (+42%), an average of +9.1% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kern Regional Center sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Catholic Charities Diocese of Fort Worth ($289.0m), Community Options Inc ($294.5m) and Second Harvest of Silicon Valley ($286.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $809k (0.3% of expenses). Other salaries and wages came to $14.3m. At year end it held assets of $104.8m against liabilities of $105.4m, net assets of -$634k. It reported 313 employees.