Project Kindred Inc

Analysis

Project Kindred Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 August 2023, Project Kindred Inc reported income of $478k and spending of $514k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to August 2023, income grew from $344k to $478k (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Project Kindred Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within WI. Charities of a similar size with the same main cause include Girls Incorporated of Jefferson County Indiana ($477k), Chad Greenway Foundation ($478k) and Fathers and Families Coalition of Utah ($477k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 87% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $90k (18% of expenses). Other salaries and wages came to $180k. At year end it held assets of $843k against liabilities of $27k, net assets of $815k. It reported 18 employees.