Kirkland & Ellis Foundation

Analysis

Kirkland & Ellis Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1982, 44 years ago. 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 December 2023, Kirkland & Ellis Foundation reported income of $8.6m and spending of $10.5m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.6m to $8.6m (+87%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 326%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kirkland & Ellis Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Chiaravalle Montessori School ($8.6m), Associated Students of the University of Calif at Berkeley ($8.6m) and Programs for Parents Inc ($8.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $12.3m against liabilities of $1.1m, net assets of $11.3m.