Kenosha Community Foundation

Analysis

Kenosha Community Foundation is a registered charity in United States, based in Kenosha, WI. It received its IRS tax-exemption ruling in April 1928, 98 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Kenosha Community Foundation reported income of $1.6m and spending of $1.8m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.6m (-24%), an average of -6.8% a year. The sharpest change came in the year to December 2021, when income rose by 256%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kenosha Community Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WI. Charities of a similar size with the same main cause include Hope Chest for Breast Cancer Foundation ($1.6m), Rockside Foundation ($1.6m) and United Way of Missoula County ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. Other salaries and wages came to $110k. At year end it held assets of $14.9m against liabilities of $2.7m, net assets of $12.2m. It reported 2 employees.