Kennesaw State Unversity Research and Service Foundation Inc

Analysis

Kennesaw State Unversity Research and Service Foundation Inc is a registered charity in United States, based in Kennesaw, GA. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kennesaw State Unversity Research and Service Foundation Inc reported income of $13.9m and spending of $12.9m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.0m to $13.9m (+74%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 64%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kennesaw State Unversity Research and Service Foundation Inc 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 96th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include Yeshiva of Greater Washington Inc ($13.9m), Mason Korea LLC ($13.9m) and Elmwood Village Charter School 2 ($13.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 82% of the total. At year end it held assets of $6.2m against liabilities of $4.1m, net assets of $2.1m.