Kreider Services Foundation Inc

Analysis

Kreider Services Foundation Inc is a registered charity in United States, based in Dixon, IL. It received its IRS tax-exemption ruling in January 1987, 39 years ago. 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 October 2021, Kreider Services Foundation Inc reported income of $3.8m and spending of $583k, leaving 85% of income unspent that year. Across the 3 years on record, from October 2019 to October 2021, income grew from $3.3m to $3.8m (+17%), an average of +8.3% a year. The sharpest change came in the year to October 2021, when income rose by 231%. Over the whole period it spent 15% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kreider Services Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Goodwill Industries of St Clair County Inc ($3.8m), Illuminating Engineering Society ($3.8m) and Dermatology Foundation ($3.8m).

On its Form 990 for the period ending October 2021, revenue came from contributions and grants 9.9% of the total. At year end it held assets of $28.9m against liabilities of $356k, net assets of $28.6m.