Friends of the Kankakee

Analysis

Friends of the Kankakee is a registered charity in United States, based in Watseka, IL. It received its IRS tax-exemption ruling in December 1996, 30 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 2023, Friends of the Kankakee reported income of $75k and spending of $15k, leaving 80% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $12k to $75k (+508%), an average of +57% a year. The sharpest change came in the year to December 2020, when income rose by 793%. Over the whole period it spent 16% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of the Kankakee sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within IL. Charities of a similar size with the same main cause include Hearts & Hands ($75k), Family Enterprising Inc ($75k) and Fostering Roots Inc ($75k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $818k against liabilities of $0, net assets of $818k.