Shelby Kennedy Foundation Inc

Analysis

Shelby Kennedy Foundation Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Shelby Kennedy Foundation Inc reported income of $1.1m and spending of $1.8m, spending 169% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.1m (-21%), an average of -5.8% a year. The sharpest change came in the year to December 2023, when income rose by 198%. Over the whole period it spent 160% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shelby Kennedy Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Arizona Diaper Bank ($1.1m), Grace Charitable Foundation ($1.1m) and Yabia Omer ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 66% of the total. Other salaries and wages came to $557k. At year end it held assets of $2.6m against liabilities of $2.6m, net assets of -$20k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.