Kellin Foundation

Analysis

Kellin Foundation is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2022, Kellin Foundation reported income of $1.7m and spending of $1.3m, leaving 24% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $886k to $1.7m (+88%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kellin Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include H a N D S of Wyoming County ($1.7m), New Mexico Teen Challenge ($1.7m) and Angel Charity for Children Inc ($1.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $141k (11% of expenses). Other salaries and wages came to $652k. At year end it held assets of $954k against liabilities of $0, net assets of $954k. It reported 23 employees.