Liam M Kinne Foundation

Analysis

Liam M Kinne Foundation is a registered charity in United States, based in Sherrill, NY. It received its IRS tax-exemption ruling in May 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Liam M Kinne Foundation reported income of $134k and spending of $127k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $134k (+78%), an average of +78% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Liam M Kinne Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Rotary District 5080 Charitable Fund ($134k), Retail Alliance Foundation ($134k) and Crusades International Inc ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $68k against liabilities of $60, net assets of $68k.