National Kidney Foundation Inc

Analysis

National Kidney Foundation Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1969, 57 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 March 2023, National Kidney Foundation Inc reported income of $3.0m and spending of $3.2m, spending 104% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $2.7m to $3.0m (+14%), an average of +3.3% a year. The sharpest change came in the year to March 2022, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Kidney Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Tennessee School Boards Association ($3.0m), The Groundlings ($3.1m) and North East Emergency Distribution ($3.0m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 84% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $188k (5.9% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $7.5m against liabilities of $683k, net assets of $6.8m. It reported 23 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.