Kendal at Ithaca

Analysis

Kendal at Ithaca is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in May 1994, 32 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 2023, Kendal at Ithaca reported income of $29.6m and spending of $29.3m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $26.8m to $29.6m (+11%), an average of +2.6% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kendal at Ithaca sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Young Mens Christian Association of Honolulu ($29.6m), North American Family Institute Inc ($29.6m) and Crystal Springs Inc ($29.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $600k (2.0% of expenses). Other salaries and wages came to $10.6m. At year end it held assets of $117.1m against liabilities of $105.3m, net assets of $11.8m. It reported 338 employees.