Kenya Education Fund

Analysis

Kenya Education Fund is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Kenya Education Fund reported income of $895k and spending of $677k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $659k to $895k (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2022, when income rose by 73%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kenya Education Fund sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Oswegoland Seniors Inc ($895k), Making Memories Playschool Inc ($895k) and Clecha ($895k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $142k (21% of expenses). At year end it held assets of $2.4m against liabilities of $63k, net assets of $2.4m. It reported 1 employees.