Father Clement H Kern Foundation

Analysis

Father Clement H Kern Foundation is a registered charity in United States, based in Farmingtn HLS, MI. It received its IRS tax-exemption ruling in October 1985, 41 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 December 2023, Father Clement H Kern Foundation reported income of $65k and spending of $86k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $57k to $65k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 115%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Father Clement H Kern Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within MI. Charities of a similar size with the same main cause include Elmwood Cemetery of Memphis Foundation Inc ($65k), Camp Indogan Inc ($65k) and Mt Carmel Batavia Baptist Church ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.1% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.