Kennett Flash Inc

Analysis

Kennett Flash Inc is a registered charity in United States, based in Kennett SQ, PA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Kennett Flash Inc reported income of $231k and spending of $260k, spending 112% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $298k to $231k (-22%), an average of -6.1% a year. The sharpest change came in the year to June 2022, when income rose by 80%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kennett Flash Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include Americas Freedom Lodge ($231k), Bandera County Helping Hand Center ($232k) and PTA Colorado Congress ($231k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 39% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $56k (22% of expenses). Other salaries and wages came to $8,378. At year end it held assets of $37k against liabilities of $32k, net assets of $5,204. It reported 2 employees.