Kennard Alumni Association Larrie S Jones Cultural Center

Analysis

Kennard Alumni Association Larrie S Jones Cultural Center is a registered charity in United States, based in Centreville, MD. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Kennard Alumni Association Larrie S Jones Cultural Center reported income of $111k and spending of $180k, spending 163% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $65k to $111k (+70%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 288%. Over the whole period it spent 153% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kennard Alumni Association Larrie S Jones Cultural Center sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within MD. Charities of a similar size with the same main cause include Sammamish High School Parent Teacher Association ($111k), Placer Elementary School Parent Teacher Club Inc ($111k) and Open Stage Project Inc ($111k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $1.0m against liabilities of $89k, net assets of $936k.