Kent Agricultural Center Inc

Analysis

Kent Agricultural Center Inc is a registered charity in United States, based in Chestertown, MD. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Kent Agricultural Center Inc reported income of $169k and spending of $102k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $173k to $169k (-2.4%), an average of -2.4% a year. Over the whole period it spent 54% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kent Agricultural Center Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MD. Charities of a similar size with the same main cause include Woodstown Pilesgrove Sacc ($168k), Outdoor Youth Association ($169k) and Lovely Project Inc ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 46% of the total. At year end it held assets of $331k against liabilities of $0, net assets of $331k.