Kenny Guinn Center for Policy Priorities

Analysis

Kenny Guinn Center for Policy Priorities is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in August 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 (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, Kenny Guinn Center for Policy Priorities reported income of $1.5m and spending of $1.1m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $511k to $1.5m (+194%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 109%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kenny Guinn Center for Policy Priorities sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within NV. Charities of a similar size with the same main cause include Young Mens Christian Association of Springfield ($1.5m), His House of Columbia Inc ($1.5m) and American Civil Liberties Union Foundation of Vermont Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $50k (4.6% of expenses). Other salaries and wages came to $509k. At year end it held assets of $1.2m against liabilities of $40k, net assets of $1.1m.