The Harry Kay Charitable Foundation

Analysis

The Harry Kay Charitable Foundation is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in June 1983, 43 years ago. 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 November 2023, The Harry Kay Charitable Foundation reported income of $637k and spending of $1.5m, spending 243% of what it took in. Across the 5 years on record, from November 2019 to November 2023, income fell from $732k to $637k (-13%), an average of -3.4% a year. The sharpest change came in the year to November 2021, when income rose by 4409%. Over the whole period it spent 184% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Harry Kay Charitable Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include Marys Hall Inc ($637k), Wonder Years Academy ($637k) and Lehigh Valley Community Broad Casters Association ($637k).

At year end it held assets of $22.3m against liabilities of $1.5m, net assets of $20.8m.